Try to figure out what will work best LONG term for you...and do a bunch of that, so it's scalable.I've continually created more headaches here in Chicago by doing STR, MTR, LTR, wholesaling flipping, etc....not I'm laser-focused on our renovation business but have enough expertise across the board to share what didn't work for me lolI am no longer investing, but I love Garfield Park and anything SE towards the lake. 

I’ve currently got 25 units, 20 rented and 5 under renovation.

We have an Operating Agreement, that states I can buy him out.Reasons for the buyoutBusiness partner wants out of real estateTo put the mortgage in my name and renovate to have as a primary residenceLow Cost purchase of the multi-family over buying anything on the current market.

Ideally you can start with a smaller project and if they work out then move them on to whole building reno. 

This can have a significant impact on the overall project cost.In conclusion, building a home from the ground up is a monumental undertaking that requires careful consideration and planning.

The purpose of the LLC is to team up with other people with LLC to fund a project.

Ask to tag along on an ongoing project.

Build equity then have up to 4 doors on your first purchase doesn't sound too shabby Yes, I am in the early stages and have done one BRRRR project so far, thank you for your advice on house hacking I was into that option too.

Would this be a big problem for someone that wants to renovate the house?

Any sort of project like this is going to take cash, time, and energy.