Just make sure you're not blocking your view and your not violating any local laws.Put flyers around town on annoucement boards at supermarkets, laundrymats ecs.

The lender will only count the guaranteed income stream in the primary term for loan purposes and risk.If this is a national chain and rent goes up 2% a year but goes up in 3 year blocks at 6% a time then it's not that big of a deal.

Here, a home a block or two from campus/downtown have rents 1.5-2x the amount than a home 4-5 blocks away.

This is especially true with REO properties or those owned by more sophisticated sellers that have been around the block a few times.

I understand that the Chicago market is very block by block, so I will be relying on the seller's selection of worthy neighborhoods.

What colors and brands are you currently using for your rehabs and rentals?  

They aren’t going to be direct building blocks, but they are still useful.

It's supply and demand so I would start at $100/month which is F'ing crazy but your not looking for volume, you only need one person who values not walking 1-3 blocks in the Winter and can't afford to have their car towed. 

Hi Anthony,It will look weird if you try to restyle it yourself.It might be wise to talk to an Architect in the area who does SFH work.That way it's more likely that everything will be styled good to the eye and match.You don't want the 1st and second stories looking like flip flops with a tuxedo, or vice versa.Maybe look into Hardy board, and Blue and white really POPs a lot better than beige (but you have to respect the neighborhood styles and colors too).This house is not the same style, but it is an eye popping blue and white.

The area around this house is really appreciating and coming up, and this is definitely the roughest house on the block, so I think concrete is the right answer probably.