I've done and been a part of many Chicago zoning changes...they take a very long time and a lot of upfront money...unless you are planning to add multiple units and do a full renovation, the ROI is probably not there.

You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.

I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

I plan to put down $50,000 and expect to net about $300 a month from it.Does anyone have other options or advice that I should consider?

I’m 17 and plan on getting my real estate license right after I graduate high school.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

She's been stuck with the city process and wanted some advice about how to get her plans approved.

What are your investment plans moving forward?

Read books, network, research markets, and plan your strategy.

Right now, I’m actively learning and planning to start my first projects this year.