This tenant has been a pain in the *** and high maintenance from the get go, but we are stuck with them.  

Kitchen- range anti-tip missing, dishwasher high loop.

I honestly should have more money saved up considering my years of working full-time, however younger financial mistakes have been a painful lesson and I regret not purchasing a property sooner/younger.My most important and immediate goal right now is to purchase a property.I am in (what I perceive to be) a relatively high cost real estate area. 

Hello Galen, I would highly suggest not trying to get super creative here and just form your own LLC, buy the property and put it in there, and write this one off as a win! 

@Nick BednarczykI think people also need to understand that fed rates are not directly correlated to mortgage ratesMortgage rates are more in line with the 10 year treasury which could remain high if we continue to spend money like a drunken sailor

I'm a real estate agent myself and I have found, and continue to find, some GREAT deals for myself and my clients on the MLS.I constantly find deals where the property information is are entered incorrectly, the pictures are horrible and the descriptions are worse. 

Check out this on their site, if you think 50th percentile pricing is too high, you may want to try pricing at 25% and see how that looks.  

There is both great cash flow and appreciation markets within ChicagoNow with all that said Chicago FOR SURE has it's challenges, but I have found personally that if I lean on #1, my network, that a lot of those high risks go away or can at least be mitigated.

I highly recommend that even if you combine lists, you still have a way to know where each contact came from originally for more effective marketing and targeted messaging.

Their sky-high value will begin to decline at some point.End of year I am grossing $25k each unit, and netting $11k on the paid off unit after taxes, insurance, HOA fees and modest repairs.