Which scenario makes more sense, with $75K cash available:1) put $25K down on three separate SFR (in the mid-west) all priced at approx $100K each, that generate net cash flow of about $300 each = $900 total cash flow per month, or, 2) put the $75K down on one, nice $300K home, in a rapidly expanding market (LV, for example), in order to take advantage of the projected growth in the housing market over the next decade, even though there would be minimal, if any, cash flow while renting it out in the meantime. 

As a side note, I understand that you may identify up to three (or more) properties with the intent of only closing on one of them.

Especially when it goes from mis-managed to well-managed or vice versa.If a property is increasing the NOI, the market’s cap rate is fixed and so the property’s value goes up.So in the situation you describe where NOI is effectively zero but could be a lot higher, you have three choices:1.

Countless hours and sleepless nights attempting to change the life of my family over the past 3 yrs,  and just thought maybe I just need to reach out to someone. 

So are you going to hire 24 hour security?

Chicago is about 3 hours away from me and honestly really dislike Chicago traffic lol.

I have a single family  three-bed two-bath home  that is 1554 square feet .

I am in Chicago and have a brick three flat with a dirt basement.

Make sure the arch scope of work is the same between the three.

Don't take the chance and don't take advice from strangers that may not know what they're talking about.Take an hour to research online for eviction attorneys.