Jonathan Twombly Cash flow is definitely my most desired goal to achieve.

We found a home that suited our needs and desires.

You can take surface roads or bike to Oak Park pretty easily from Logan or Avondale if desired.

I just read "NOLO Every Landlord's Legal guide".I'm confused with this scenario:Let's say the Property is located in a very desirable location in California, very easy to find tenants.Tenant [T] : has 750 credit score, she has clean records.1-month later, [T] want his new boyfriend [B] to stay as her roommate (also to save money on her rent).As landlord, is it really important to add [B] on the lease as co-tenant?.

But David Elefant I honestly believe, having been a student tenant throughout undergrad and law school, that you must define the tenant profile you desire within the overall student housing market, if that's truly the strategy you want to employ.

If people stopped beating around the bush and stated their intentions or desires there will be less wars and conflicts.

A lot of landlords will fill a multi family unit property with less then desirable tenants to deceive potential buyers by showing low vacancy and great cash flow.Maintenance; This is the tricky one.  

With that said, I have always had a desire to enter into the real estate industry more as an investment and to achieve financial freedom.

Eventually, when I find the deals that make sense, I will build a portfolio of rentals, with the goal of providing the passive income necessary to fuel the lifestyle I desire.I'm also interested in investing out of area / out of state where prices are lower and I can see some cash flow "upfront"; even interested in flipping out of state down the road.I'm already having a lot fun just learning (having my eyes opened), and with my burning desire to succeed I will keep having fun learning and doing throughout this whole journey.

It does not have all the elements you desire, but then again you  (nor I) can't afford all the things you  (we) want, not yet.