That small size makes it difficult, and if you decide to go 100% remote on management you will lose the U-Haul opportunity, which is undoubtedly part of your purchase price. 

I saw one two weeks ago in south side Chicago some really nice stuff but no way the open market can build it when U can buy a fully rehabbed brick double for 220k or so or a shell for 50 to 70k .. there are thousands of vacant lots scattered throughout the south side of chicago that could be built on infrastructure is there.. but does not make financial sense..  

If u owe a Morgage can be a big factor wether or not it is a goo deal or a deal that will have negative cash flow

If u have a new hvac, roof 5 yr old or less, relative new appliances, do thorough tenant eval, etc..., you should be able to limit expenses for cap ex and maintenance.That being said, I advocate a backup plan for your backup plan????.

I actually work down on U St. 

@Keyonte Summers please direct message me if u do t mindi won’t bug u but I just want to have good insight and connections to make sure I’m not wasting money or time thank u 

Want a strategy to double my  cash flow in 7 years@Jason Chen I like your style most, except for when the U.

This might not make sense, but if you think about it, it makes perfectly good sense.All low end motels are shaped in either an L or U shape.

Because Madison is anchored by state government, the U of W, and healthcare.  

Take the iPhone for example, if u asked someone in 1980 if a iPhone is a fad or the future, most will say fad, now we are waiting for the iPhone 8 to be released.