Hey there,I live in California and im looking to invest in a property in Chicago or near by.

She may stay if she can sign a 2 years lease at that $2400 /month rate (has another offer in a nearby unit).

Hi, I have a similar question: When determining renting or buying for a primary residence, do you use something like the 1% rule, or do you compare to nearby rents?

But I think you might at least want to wait a bit...Maybe look at the comparable rentals nearby and see what level of finishes they have.

Found a 6-unit in a different, but nearby town.

It would be hard to manage a property in the states from Germany so you might as well stockpile some cash!

A few colleges with development land nearby so there's plenty of opportunity

My plan is to begin stockpiling some cash reserves over the next few years.

I can operate from anywhere in the country as long as I have an internet line and am nearby to a post office.I would very much like to get into the RE market and therefore I will probably seek a multifamily property to start, live in one unit and rent the other(s).

Next become educated in regards to nearby developments that can force appreciation, rental values in area, & what houses are selling for.