I ran a CMA on the property and got an average sells price of $290k. $280k is what I ran my numbers off of to be safe.

Even though the distance would be a lot farther to travel than initially investing in another Chicago neighborhood, I know the tenant laws are a lot more relaxed out in the suburbs, the average price of property is much lower, and it just feels like a smoother entry point than a large city in general.I'm very interested in multi-family properties to begin my real estate journey and have worked on putting a team together, so I am getting closer to actually acting, not just observing.

I’m currently averaging about 3.8 years per unit.

Las Vegas's average annual population increases by 40,000 to 50,000 per year.

I just started my direct mail campaign and it took a whole Sunday (3:30-9PM) to do 200 letters and this was about as automatic as the average Joe could get:Printed Yellow letters using Officejet printer (Paper from Amazon)Printed envelopes using the same printer (Envelopes from Dollar Store)Bought 400 forever stamps from the Post Office to create the "genuine" effectStill, folding and stuffing papers was an extremely underestimated variable.

On average we're getting around 40 seller appointments a month

On top of that, with affordability and a median home price below the national average, Cleveland stands out as an attractive option.

There are pros and cons to using DPA with your average conv/fha loans ( yes this is how you arrive at 0% down or 100% CLTV or combined loan to value financing).Conv and FHA lend up to 95-97% so that remaining 3-5% down is covered or partly covered by the remaining local DPA programs.

You can also learn average costs for common repairs in your market to get a ballpark figure yourself.

Our average for almost 1.5 years is about 18%.