You spoke of the risk via the county etc but what about the risk of the market dropping during your hold? 

Every great multifamily investor I’ve spoken with emphasizes this skill, and I see why.On the other hand, underwriting can be time-consuming and prone to human error.

I absorbed everything I could get my hands on.

It might be best to hold off until you hear of other BP members who have experience with them. 

We plan to hold for another 2 years, and expect to beat our proforma handily.

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

He told me to call in sick and come to the training lol but then he handed me his personal copy of the phone script that he had been using during his presentation.

A refi makes more sense if you plan to hold the property long-term as a rental.

.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Sometimes being able to pivot and adapt is better than holding strong to your buy box.