The tenant said he's been using space heaters for the past decade.

Hear that.seems like alot of cash buyers that could easily afford it in summer of 2020.running out of inventory = increasing property valueslots of space for more though... probably even enough water near the mountains 

Hi BP Gurus / Seniors,I am new to the REI and placed an offer for my first multi-unit property.Here are the details.Area: Near by Shabbona Park, DunningNumber of Units: Legal 3Built: 1950Price: $455,000 ($450k (purchase) + $5k (Minor repairs: Nice to fix but not an immediate need))Loan Type: Conventional (20% down & 2.5% interest rate)Annual Gross Rent: $38,400 (Tenants pays Electricity + Gas)Annual Expenses (Property Tax + Insurance + City utility): $10,000Parking Space: 3 (Garage – 2 & Side Pad – 1)Other details: Exterior Brick, free laundry in basement, all units occupied and it is a turnkey property.Pros: Steps away to CTA Bus Stop; Good Elementary school (PK-8); Walkable to Shabbona Park Recreation, Restaurants and Grocery Stores; 10 mins drive to Schiller Woods; 15 mins drive to Airport & low crime to visit the property any time confidently.Cons: Below average High School & 20 mins CTA Bus to Blue Line.My Situation: I will be in Chicago area until next Summer and relocate to Texas.

We sit down with our investors and underwrite a deal with them to really increase their aptitude in the apartment investing space, which helps them see the benefits of passive cash flow.

(If you're not living on the edge, then you're taking up too much space)  

The Space & Rocket Museum has their own hotel right next to the property. 

Ranch properties with outdoor space are so easy to rent.

The challenge for us is finding the gems where I can push the value on the house...like by adding an addition or taking unheated space and converting it to heated living space, or adding another bedroom/bath. 

His company taught us a lot about commercial real estate investing and the tax benefits you get in that space.

I currently operate a property management company in NC, managing 170k SF of office space.