Was cash invested including rehab costs?

While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core. 

Safe to say that many punters who invested in low cap rate syndication deals, especially during the peak of the hype, are getting schlonged right now. 

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

My low months were 50-65% occupancy and 100% for summer.

A few things to think about-what are all of your monthly costs and look at the rent including vacancy and management fees. 

Again I cannot collect rent to justify this cost/effort.  

I own 4 two/three flats bought between 2013 and 2020 in Forest Park, Illinois, at low interest rates and prices in 200000's  They cash flow nicely and prices have increased a lot. 

This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return.