It's an excellent place for both new and seasoned investors to gather, network, and delve deeper into specific investing topics or strategies.If you plan to use private or hard money, the barrier of entry is a bit tougher for new investors.

The amount of the gain exclusion when the house is sold will likely be impacted, I recommend your family member speak with a CPA when they plan to sell just in case their fact pattern has changed. 

I still have my first investment property from 2015 and plan to keep for many more years. 

Love your plan and why behind what you are wanting to do @Stacy Reese!

Personally, I think it could be a great marketing plan for sellers if they purposely advertise to VA buyers and offer to cover the funding fee. 

Company is run like a businessMarketing and sales divisionProperty owners are not involved in decisionsSystems are documented and automatedAncillary fees and additional programsHave maintenance or real estate departmentsTypically > 100 propertiesBusiness owner not heavily involved in operationsModel 3 - 20/20 Plan variationNo or very small amount up front.

Which broker do you recommend if I plan to work with them on part-time and still keep my 9-5?

Hi Chris, When considering areas for real estate investment in Chicago, it's essential to evaluate various factors like market trends, development plans, and neighborhood dynamics.

Yes, that is the plan.

(Groceries, furniture,  pets, kids, etc etc.))If you plan to live there and you are quiet then maybe, if you want to live upstairs.