@Marc ShinRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I'm Katie from Spring, TX, passionate about real estate investing.

Anyone investing in small multi family in Chicago?

Investment Info:Single-family residence buy & hold investment.

It's a good investment, as it will prolong the lifespan of water heater, some appliances (dishwasher, washing machine) and fixtures like faucets and maybe toilets.A. is ridiculous, as hard water is clean water.

Example: the intention of Passive Activity Limitation (PAL) rules is to prevent high-income earners from reducing their taxes by merely investing money into real estate.

Investment Info:Single-family residence buy & hold investment.

Anyway, Lex is one of the markets close enough to me that I could potentially invest in when I'm ready.

- Properly document your rental income on a schedule E and report it to the IRS.Connect with an Investment Friendly Lender- Not all lenders are equal.

If you were to add a full bath room that would be a better investment.