Is that based on an actual study or your personal experience?

Me personally, I'm hanging on to this and refinancing when the rates come down at some point. 

We are based here in Chicago and have GC business, for reference.  

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

Also, any tips on how to expedite the process would be much appreciated (i.e. getting signatures for notification from neighbors in person vs. sending certified mail, etc)Thanks in advance!

RE  Mortgage banker etc.2. criminal and credit back ground checks with redacted personal info IE SSI. but you want them to know your not an ex felon or did not pay your child support etc.3.

Do not just get randoms, this is going to take a lot of work to protect your privacy and personal residence.

Should I meet them in person at the new builds ?

There is also space to park 4 cars.I will be back in the area early May, so if this sounds remotely appealing, we can chat further on a call or meet in person when I am there.