Though not yet an "Investor", I have always been a big fan of RE, as its the one thing that has made me nice chunks of money over the years, by way of buying, improving, and selling the homes I've lived in. 50K profit in a home I owned for 2 years would be my best take to date.In any event, I am currently most interested in Wholesaling.  

Congrats on the world series as well, if my Indians had to lose I am glad it was to a deserving fan base!

I'm a huge fan of Aaron Calhoun at DblCheck, he's done two inspections for me so far and both have been worth every single penny; the first deal I backed out of due to the amount of repairs required that I would not have otherwise known, and the second deal I was able to get a much better price on because of the stuff that was uncovered.He's honest, patient, thorough, professional, and able to explain complicated things in a simple to understand way.

John GalangI am not a fan of Arlington until about 46th St myself.  

Personally not a fan of renting out single families so  I don't really payattention to that part of the market where it market.

@Fan Bi, it really depends on how good a deal you were getting or how much you want that particular property.I certainly think you are within your rights under the purchase and sales agreement (assuming it's a fairly standard agreement) to terminate and get your deposit back.

First year cash flow is currently $600/month or minimum $470/month if vacancy.Property #2 Chicago (B property) (not a big fan of the chicago area but you will see why I bought this property - see below) -"MACK" TK providerwhen: 3/2016$200,000 purchase price, Rent $20005bed, 2 bath, 2161 sqft living area, 1117 sqft basement Sale price: $92.51/sqft Comps: 116.75/sqft, 94.85/sqft, 128.44/sqft Final appraised at $215,000 at purchase.25% downpayment at 4.25% fixed for 30 years.

The results can be seen in the pictures below and final numbers at the end.Sheetrock work and then painting in the den and refinished the pine floors under the nasty pink carpet.Tore out siding on the porch and added sheetrock, installed new fan and light fixture, painted, closed in a window that looked from a bedroom onto the enclosed porch...Managed to save the cabinets, added granite and stainless appliances.Refinished the tub, kept the original floor and redid the subway tile in the original bathroom.Added this closet in the master, refinished the floors after ripping out purple carpet in here, painted walls, sanded and painted woodwork and added the fan.A laundry room no more, added this great bathroom onto the master bedroom.  5ft double vanity with granite top, toilet, free standing tub and custom shower.After having 5 tile contractors no show, either for the bid or after I had given them the job, I used a stock fiberglass shower pan from Lowe's and tiled the walls around it to avoid any more delays. 

Very few lenders truly cater to the borrower experience and the bigger picture, and don't understand the reciprocation of creating a raving fan from the borrower, realtor, attorney, or any other related party.

I am not a fan of TK, since even in the best-case scenario, mathematically turn key just doesn't pencil out.Having said this, there are several issues.