Positioned near land we own on West Concord Street, which is slated for a major development of 12 patio homes and two duplexes, this property is central to a broader strategy of enhancing value and transforming the area.

Definitely start in your area.

This is also a great way to buy property for a longer term.You should do your research first.Good Investing...

Create a plan to harmonize your time with your investments and the rigors of nursing.

If you, your lender, or agent can pull up higher comps, there may be a way for you to negotiate a seller's concession and use it to buy down the interest rate.

Hey @Daisy Ruiz - I owned and operated a short term rental here in Chicago for the last 7 years. 

No need to do a QT unless your wanting to sell it or mortgage it.Most of my properties are owned with a tax deed and I've never bother to spend the money to do a QT.I just fixed them up and started renting them.After 10 years in SC they are cleared up without a QT.

The $12,000 profit from Rentals 1 and 2 would be offset by the $15,000 loss from Rental 3.Hence, the $3,000 loss cannot be deducted against your other income because your AGI exceeds $150,000.

I'm really excited to be part of this group and learn from all of you.My mentor always said If you want to fly, hang out with eagles, not turkeys.I'm here to learn, network, and start building my own investment portfolio.

I agree with you as well and appreciate the clarity of your thoughts.