The influx of people and conversions of single units to Multi units have spiked dramatically in the past three years and still happening where I can say that I see a increasingly demanding rental environment predominantly out of the Brooklyn populatIon. 3 out of my 6 units are rented to entire families who moved from betstuy exactly due to the fact (from what I was told)leases were not being renewed to tenants who had no substantial tenure their or could not afford new leases due to “upgrades“.

If you go canceling guests for ANY reason your rankings will drop dramatically.

This can help to make your investment more accessible and can also help to boost your potential returns.Strong economic growth: Chicago's economy is strong and growing, which is another positive factor for investors.

.), or outside factors boosting the neighborhood I'm selling for a profit looking for another opportunity.

You should be updating the units and getting higher rent though no matter what strategy you do this will decrease out of pocket expense and boost your equity right away.

**I have started to apply for jobs to boost that W2 income, which is ridiculous to me bc I make quadruple per hour in my freelance trade.

But if you can find a way to value add, like finding a fixer you can BRRRR or something you can add bedrooms or bathrooms to, or even add another unit to (like converting a garage or splitting a larger home), then some of the properties that don't make sense based on what they are right now can start looking a lot more attractive if you have a good plan to get to a higher ARV or boost the rental potential.

Once they get below 650, the risk of problems increases dramatically.

Or just a confidence boost. 

Not to say real estate is quite as dramatic as consumer goods, but you see the flips that sit on the market because they are over improved and asking too much, or the design doesn't cater to the typical buyer in that neighborhood, or the flipper only handled aesthetics and didn't address major structural/mechanical needs because they didn't know those issues would kill the deal on inspection.You also have to realize that all these "strategies" have been around forever.