In 2020 I bought my first house 3 bedroom 1 bathroom and a 2 car detached garage for $175,000 and put a 10k downpayment on it and interest rate was 3.5%, in 2023 I decided to rent it out for $1350 mortage was $1106.62, in 2024 we raised the rent to $1450 and our mortage currently is $1144.76- I never put into account repair expenses, Capex, vacency until I read on rental investment properies book.

Occasionally I see rural properties I think would work well. 

Am I required to hire an attorney to write up the contract and assist with the closing?

I came across a duplex listing in a good school district that is also within my budget.

Once I close I will be out of capital for a bit until I can get enough saved for another down payment.

I imagine you may be in for a surprise here in IL with how real estate is transacted.

I did the same thing about five years ago: I drove around town looking for a house hack.

Hey everybody, I am new to the bigger pockets forums so I just wanted to introduce myself.

German Village and Downtown Columbus because they are near where I work and live so I can self manage them.

What should I be aware of before proceeding with a partition action?