I totaled 1057 hours and over 14000 miles driving. 

Hey @Josh C. house is on Adams Street to the north of Brookside Park.

However, you make some good points about those funds meaning different things for different purposes - I could outright buy some properties and not even make the down payment on others.i would lean toward favoring something within around 100 miles of detroit or dallas as i know those areas fairly well. i'd also lean toward multi-family especially if i could house-hack one of the units....also, i was underwater for 15 years!

You want to look for similar characteristics within a local area up to 1.5 miles (bed/bath, garage: y/n, etc).Make sure you get really good numbers on your rehab cost, especially if $15k will make or break you.

My main concern is if it ever closes down but but the military base has been around since the 40’s...It’s about 45 miles from a 300k person metro area.

@Mark Miles I have actually being scouring all of the local PM websites to look at availability and pricing to try to do just that

I also work in River North, so feel free to drop me a PM if you want to meet up or I can connect you with any of the aforementioned. 

I bought a completely renovated property in Cleveland in the Lee Miles district for $ 70,000 in October with a French-speaking company.

We have managed one SFR property, about 50 miles away, for 20 years.

I live on the Outer Banks North Carolina where vacation rentals and companies that manage them are huge.