Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

I happen to live in AZ in the winter and MI in the summer. 

.- Stretch – I hear about to many people with back pain, I will not be one of them.- Workout - At least 15 minutes.- Pray - 10+ minutes.Life is a marathon.

I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.

With rent control in NJ, yeah, it’s mostly a waiting game if tenants don’t leave.

I live in the area and just gave up looking for now. 

I see many situations where one generation wants to buy out a prior generation or, more typically, siblings.

The good ones will have access to off-market deals. 

I keep reading about all the weird financing issues in this space so I wouldn't actually put money in until mid 2025 or later.  

I have always been interested in the vacation rental space.