Often newer investors want things to cashflow and cover their mortgage, but the riches in real estate (in my opinion) are in GAINING EXPERIENCE......so consider just finding a property where if you were to rent in the same neighbhorhood your mortgage is less than that amount (less rental income as well) - that to me is a win period...Are you looking at any specific areas of chicago?

I wanted to see if anyone has experience with rent by room?

Has anyone had experience with these? 

A lot say that, but it's just not true in my experience. 

Does anyone have experience with card operated machines?

Quote from @Russell Brazil: I've seen in the last few weeks 90, 65, 42, and 35 offer situations.I just priced one of my listings about 10% higher than it should have been, and still got 7 offers and it escalated just shy of 10% over list, to end at about 20% above comps.Your experience would indicate this is more like a shift in market dynamics, right?

So, in your experience, what have you done or what would you do?

Do you or anyone on your “team” have experience in managing an assisted living property? 

Hello, Question for those with experience investing in these areas.

From a cost perspective imo it's most cost efficient to find somebody with a lot of evection experience in your area.You might try Stelnick Law in Valencia .