Hello, I'm seeking recommendations for great contractors who service Little Village, Chicago 60623 to assist with the following needs:- roofers for a pitched roof- replace floorboards in attic- fix ceiling with water damage- minor wall repair and painting- tuck pointing- junk removal- a reliable handyman!

I've found old garages are more of a liability than a good investment in the lower rent areas unless you get lucky and get one that isn't falling over - it will cost more to bring them back to life or replace them than it will ever bring back in rent and therefore, the best choice is to remove them and spend the money on a new parking slab - obviously a property that already has that done is a plus (people use them as storage lockers too, then leave it all for you to clean when they skip out later).

I replaced all the light with LED's so they are still good after 3 years.

This is very true with SFRs, where cash flow is amazing when nothing goes wrong, but the second there is a vacancy or anything needs replacement, it takes months to recover.

I am renovating a residential 24 unit building in Memphis and need to replace exterior stairs and add some balconies.

Our congressional delegation is working around the clock to provide federal assistance to replace these lost revenues and to protect the services provided by local governments.

Eventually, when the cash flow from the rental properties is enough to replace my day job, I'd like to transition to managing my properties as my primary job.I'm trying to test the waters to see if this makes sense from a business/tax perspective. 

I think at some point circa 1975, the property owner either just replaced the original fixture with this cheap piece of crap and closed it up all quiet-quiet.

what happens to your cash flow when your furnace goes out or a roof needs to be replaced?

Although with homes built before the mid-70s (I think that's the timeframe, don't quote me on this) you need to check for lead paint and possibly asbestos.Obviously older homes are going to require more maintenance, but if they've been recently rehabbed and had the major items updated/replaced then it may not need much work in the short-term.