Also, bear mindful of future personal captial expenditures like auto purchases, etc.  

.) , auto (dedicated (owned by LLC) and includes all costs for gas, registration, tires, etc.), cleaning between tenants, legal and professional (eviction filing, tax prep, etc.), management software costs, mailing costs (statements, etc.), capital reserve, utilities between tenants, HOA dues (if any), bank service fees, web site costs.

My neighborhood is  Washington Village/ Pigtown and I would have to say I was pretty  surprised by the numbers  since I must  be oblivious to whats going on there.

I just checked into my long term AirBnb...so I have officially arrived.RespectfullyJonathanSo the house hack I'm currently in is in Village 7 which is immediately east of Palmer Park.

Do not take out any new loans (credit card, auto, etc.) until you buy a house, unless you really have to!

Airbnb will automatically ask you to refund a guest when a guest requests a full refund through Airbnb but they will usually respect your decision.No matter what you decide with this particular case, I recommend that going forward you have an automatic reply to all bookings that reiterate the 4WD w/chains in winter requirement and let guests know they have 48 hours to cancel if they don't have a 4WD and, if necessary, chains.I have had great success with auto emails such as this.

I'm primarily going to be looking in the north and northwest sides of Chicago (Avondale, Roscoe Village, etc.), but haven't ruled out other areas as well.  

My tenants are long term, good tenants, and I have auto-electronic rent payment in place. 

Detroit (and it's neighborhoods: Hazel Park, East English Village, Madison Heights, etc.) has been an area that has also interested me as a potential place to invest.

The brass claw feet of the old bathtub rest on 'crystal' balls.But they did pull their g/grandfathers1929 Ford auto out of the barn & it had a few bullet holes in it!!!