And YES, ideally the first property would have been FHA, so I'm not sure if that will be an option for the second - but even if not, I'd think you can get in for less than 20% if you're purchasing it as your primary residence (2 to 4 units).

Additionally, we appeal our taxes on all properties each year no matter what.Chicago has what seems to be an endless supply of multifamily properties that need to be renovated, which is ideal for our business model. 

If they say a week or something, ask if you can store their things somewhere (ideally in a garage or basement if you have one). 

1- I would need the monthly rate to be $2100 ideally, but could get away with only having to put 10% down if the appraiser would do an adjustment and list each unit at $2000.

However, I barely notice is because it practically blends-in the with the rug. oGet new lighter colored bed covers, ideally white. oLiving room is too dark.

@Cathy MalmroseAll else aside, your son is essentially a landlord for this time and he could put together a lease agreement immediately (ideally with the help of an attorney), which outlines a security deposit in case of damages, requires the prior owner to obtain renters insurance, who pays utilities and any daily rent- especially a daily amount that’s high if they stay beyond a certain date.This would at least cover the primary points in a leaseback.I’m curious about when and how the sellers made the request to stay past closing that your son agreed to - was it just between the two parties or was the Realtor part of that conversation?

that’s obviously ideal.

A property management team that manages properties nationwide would be ideal for I plan on buying real estate in Atlanta in the future, but any local recommendations would be appreciated too.

If you’re going to be all in the mid high 300’s then I hope your rents are $400+ also if you want to brrr, it is ideal not to use owner occupied loans for brrrr in general.

Being that I am in California and its not the easiest to cash flow what would be an ideal target for my Cash on Cash return to be?