We currently live in one unit of the duplex and rent out the other.

Jonathan will be speaking at BPCON on a panel: How to Flip Properties: The Right Team, Right Price, and Right Operation with High Interest Rates or Out of State if you have any interest seeing him live in action! 

We live in Medina at the moment and our lease is up at the end of April 2025.

I live in Alaska and have inquired about Series LLCs and they tell me "yes they work in Alaska".

I echo what @Jon K. said... if you're still interested after doing some additional due diligence, try starting with 1-3 as opposed to jumping into 10.

As such your underwriting should treat this as a duplex.I suspect eventually virtually all of Chicago will allow additional units but it could quite a few years.  

An outdated home WILL rent as long as it’s clean and the interior is thoughtfully furnished with every day living in mind.

10% down, 30 year amortization, 6.2% rate, 3 year note, with an option for an additional 3 years.

How it really goes.Decide to invest in land.Do 5 deals.Make a course with all your knowledge.Sell the course.Stop doing land deals because you make more with the course.I have done land deals for 8 years and make a good living with it. 

They are often used to supplement traditional financing and provide additional leverage for commercial real estate projects.