This can inform how much equity you provide in return2) Partnerships are a big part of most of the success stories on BP so embracing that mentality early can enable accelerated scale3) I like arrangements where incentives are aligned so it’s a positive that your GC cares about the project outcome and value created as much as you do4) With 4 kids and a full time job you may want to include some passive investing via syndicates in your strategy.  

There is always a trade off. 

For 1% rule you can do Brighton Park, Mckinley Park (harder and harder now there), Belmont Craigin, Bronzeville hard to find and super hot right now but pop up once in a while and then there is of course chicago suburbs (higher taxes in suburbs but higher % ratio of cashflow so some trade offs). 99% of deals aren't good.

What was the outcome?

Post the worst possible outcome that could happen if you bought an investment property.

Most of the time these investors are trading off some cashflow for lower maintenance requirements and a higher end tenant class. 

First, should I trade in a car now before we buy a new house?

did total gut What was the outcome?

I struggled with perfection on the project and not 100% happy with the outcome but sometimes you just need to let the other person do the job whether if it is how you would do it yourself. 

I am just looking into what action will give me the best outcome that is legal.