Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

You can compare both options and see which makes more sense with the rate you'd qualify for.

See, in SFR (1-4 unit) the primary driver to valuations is comp's, market sale comparable, what so-n-so sold there place for last week/month etc.. 

Additionally the suburbs have higher taxes compared to Chicago proper.  

Technology is a good partner the more you know on your own.You should make a list of areas you might be interested in first - maybe you lived there or have friends there, you always wanted to go there - and then compare that list to some best areas list, do some of your own research, and then use a major data tool to look.

It's important not to get too caught up in the details; use the analyzer to compare one property to another.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

This typically means lower down payments and better interest rates compared to traditional investment loans.

MTR arbitrage may allow an owner less hassle and equal profit from their unit compared to the other available alternative of LTR.3.