Other groundsLandlord violates tenant’s privacy rights;Landlord wrongfully cuts off water, wastewater, gas or electric service; andLandlord wrongfully changes the locks or prevents tenant from being in the rental property.In all of these cases, it is important to read your lease agreement and negotiate any terms and conditions accordingly.

Although with tax write-offs, depreciation, and equity growth, this property is still a positive of $15-$20K annually to our net worth.

Do you need/want the monthly income soon or are you willing to work toward a greater income later and leverage off future appreciation?

Home prices are going up since it is cut off by the highway on the south end and Merion/Hungarian village continue to get better on the North end.4.

Depending on how old your current sold comps are, they may fall off by the time you are done with yours, so the pending will be valuable.

Lastly, on this topic, he told me that on the refinance side of it, especially starting off, to not expect the full LTV (loan to value) ration on the refinance, that usually what a loan officer will tell you is, "up to".

My husband and are under contract on a great 2 flat with illegal basement unit off of Logan Blvd in a desirable location in Logan Square with a lot of rental demand.

The earlier you start in your RE journey, the better off you will be in the future.

Otherwise, you'd need to based the financing based off of the purchase price (possibly plus renovation).Since Conventional rates change daily and the rates have jumped recently, DSCR rates actually are in similar range at the moment.

You can totally get cashflow, but you will have to make it happen by either finding the deal off market, or doing a value add strategy.