If this is the biggest mistake you've made with your first rental, you are just so crazy ahead in this game it barely bares mentioning.

If you don't hear from anyone in this post, check out Pink Door BNB: https://www.pinkdoorbnb.com/They're in northwest Arkansas and might be able to point you in the right direction or provide some services for you.I hope this helps.I wish you all the best.

As of 3 months ago, supply was barely there, and a good deal is considered to be something that breaks even.

Bare minimum I've seen is 20%, going all the way up to 30% down.

Lake MTKA,MN townhome$115k cash invested$460k purchase price$30k/yr cashflow$700k value/equity-———————————$2500/mo in cashflow is pretty good for any single rental unit26% COC is excellentBut, the $250k equity gain on cash is over a 200% return, more important than COCAnd, the $335k debt was paid off by the property as non-cash on cashBut it’s barely a 4% ROE, when you raise the rent $300/mo, ($2800/mo cashflow on an SFR) you make an extra $3600/yr.

Pilsen sits right along the Pink Line and if you can get your hands on a good deal anywhere in Pilsen, I say go for it but if you really wanted to maximize your return, I definitely think anything from 16th street to Cermak Rd would give you an amazing return.

I barely could tell they lived here they were such ghosts.

@Calla Gruss I've done fix and flips around Decatur, North Decatur (30033) and Tucker (just barely OTP) with great success.

These guys will suppress a movement so quickly it barely gets known about.

Some examples include:Bathrooms ($0.0052/lead)Bedrooms (same as above)Last Market Sale Price ($0.0105/lead)Last Market Sale Date (same as above)Pre-Foreclosure Flag ($0.0079/lead)These barely scratch the surface.