It starts by defining the criteria of an ideal tenant for each investment property.

Sandi,It is counted as debt only because you have not filed a tax return yet to show schedule E income. 

These factors make business purpose rental lenders the Ideal choice for someone practicing BRRRR and looking to build and expand their portfolio.

As for the value/price you offer I would think offering close to current NOI and cap rate would be the most ideal for you, but the seller might be influenced by the recent price/door in the area and just "expect" a similar price, although 25% of their units are vacant. 

Ideally, I'd refi my current property, and use it for repairs, and down payment on the next property.

@Lynnette E.

The ideal first piece of the puzzle would be an agent who focuses on investors and has repeat OOS buyers.

Our ideal strategy would be going into short term rentals with Airbnb.

(you can check on the city website here for violations:  https://www.chicago.gov/city/e...2. 

Is there anyone in the community that's open to providing guidance on how they dove into AirBnB (ideally within a three hour drive of Chicago).