I think a duplex in that price range would be difficult but not impossible necessarily.

Thinking about snagging a STR withing the 4 hour range of Vegas

I know there's a whole schedule of potential LTV ranges for SFH vs 2-unit MF vs 3-4 unit MF, with this also changing by OO vs pure-investing status. 

This will help dictate what price home you can afford so that you can let your realtor know what range you should be looking in. 

The two reasons I personally like the Chicago market is the wide range of prices and the amount of old inventory that needs to be renovated.  

Hi @Erika Torres, I'd definitely recommend getting pre-approved first, that way you know the price range of the properties you'll be looking for.

These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and it is less than what you will find for an owner occupied property, due to lender risk.

It's more like borrowing money from a really rich, conservative person that has few rules that they really care about (LTV and Debt Service Coverage)The last few deals I have done are in the 3.5-4.0% range with 20% down for a 20 year AM/5 year balloon. 

I've rented a small storage facility and are keeping an extra refrigerator and range in there for those type of situations.

Please do some homework and check this out yourself.https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/ending-a-tenancy/landlord-notice/two-month-notice#Usemake sure they serve you the appropriate notice, with sufficient time and make sure you get the appropriate tenant compensation for having to leave.https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/residential-tenancies/policy-guidelines/gl50.pdf