You must buy a property that costs at least $1,400,000 with a downpayment of at least $500k to avoid all taxes.

Turning a single-family home into a room-by-room rental strategy really paid off, especially in a neighborhood like Portage Park where whole apartments typically rent for less.The demand for month-to-month flexibility is growing, especially in cities like Chicago, where people might need shorter-term housing due to job relocations, school, or other temporary situations.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I want to either build a spreadsheet or download/buy one that allows me to review what things such as Projected AAR, Projected Avg CoC, Exit IRR, etc, actually mean to the bottom-line. 

Also, buy the properties that you would want to own the most 10 years from now...not the best year 1 cash flow performer.

Facebook groups are great for people asking about furnished homes to rent due to relocations etc.I would say getting reviews is your main priority right now so if you can price slightly under your nearest comps to build these up it will help you in the long run. 

There are lots of people here to help you get started. 

There is no reason to make house-buying and renting a monopoly.  

My credit isn’t the best and I would not qualify for doing so looking to invest in Milwaukee or the Midwest area Would prefer to buy a hold, but would be interested in house flipping. 

My parents are interested in buying a property in their neighborhood using a HELOC to buy it for cash.