You seem a bit undercapitalized to pull off a house hack right now, but you are not far off.What is your degree in?

Someone in my neighborhood was looking for an apartment with a total of five roommates  and since they seemed like a right fit at that time I moved forward,  they added another roommate later and now want to add another roommate as they are struggling to make payments.

It would seem the days of the 7%+ returns cited in the past are over.

Sometimes they are older, but clean up just fine.Also, our guests seem to use them pretty regularly.

In most cases, it seems like they'd be a good tenant, but in Chicago, you have to be extra careful given our amazing tenant laws (sarcasm)!

-Ed Multifamily in Saint Louis seems tough to me.

At this point the value of the house is still increasing but not at the same rate as the previous years for a number of obvious reasons (high Interest rates,  age of house, etc.) and at this point I'm not sure what my next move should be since I don't like having all that equity tied up in the property and borrowing against it (HELOC) doesn't seem like a good idea since banks seem to be charging even higher than "normal" interest rates because the house is not my primary residenceIt's been almost 2 yrs since a I moved out of the house and I know my time is running out before we'll have to pay capital gains on the property if we chose to sell it [unless I do a 1031 exchange of course] but wondering what other options I might consider.

Secondly, trying to achieve wealth through over priced real estate markets seems impossible.If I can do one thing, one daily lever to pull, how can I be the guy I described in the beginning?

That seems to be the only option due to his lack of on the books experience. 

Hello all , it seems everybody in this country is making a bigger deal out of investing in section 8 properties versus let’s just called a cash tenant .