I still see a lot of these wholesale fee's in the deals I fund.. since I specialize in the sub 200k or low balance deals in the mid west and rust belt..

If the interest rates come down, I can transfer the property back to my personal name, refinance, and then transfer the property again to an LLC or trust.Second and most important thing, I would like to get an idea of what type of property to purchase that best suits for STR in Chicago area , near by states like WI or MI also I am fine as long as it is closed to Chicago. 

Once you’ve finished renovating, you can switch and rent out the newly upgraded half at a higher rate, then start renovating the other half.Experience and Skill Building: After two years, you'll have a duplex with both halves nicely renovated.

Investors chase the CAP rate and it works for a while until it does not and then they end up selling to the next fool. 

this property is well maintained 50 unit around ten years old preforms well and has assumable low rate freddie debt asking price is 11.7 mil assumable debt is 6.5 mil at less then 3.5 % 

Good design, clean, comparable with market rates, and professional photos.

Before you abandon Airbnb I would see if your rates are better on FF.

-repairs and cap-ex can be the most challenging aspect for new investors, there are no standard rates that will work across the board. $200/mo is a safe bet for a SF of this size for cap-ex, and your repair estimate looks ok.

Builders are still going as fast as possible and with rates high the buyer are on the sidelines.  

Share your biggest challenges when funding your deals, is it Interest rates, down payments, or something else?