Either way, starting this conversation could open up a unique opportunity and help you make the most of your situation.

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.

Put a sign up in the corner store.And I would rethink your concern about 'rough areas'...

@Kristian Forbes Sounds good, same to you if you're ever up in the St.

The projects finished up and we are super happy with the results.

Hi @Abigail King - Love that you are coming up to Chicago for some meetups. 

Today it has good cash flow (~$6k/month using 49% expense ratio) and is up ~$1m above costs.  

Jeff makes up repeated excuses and strange reasons as to why he can't/won't pay (i.e. family emergency, bank is rejecting wires, software/website is buggy, telling investors to go "f*ck their mother").I'm in a group with 30 other investors who were also scammed by him. 

They are faster, won't get lost in the mail, and less likely to bounce.You could have renters set up automatic payments from their bank to yours.

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.