To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

The plan is to live in part of the home and rent out the other rooms to cover the mortgage and generate some income. 

Please help me if anybody has experience with section8.

Like Rick said, if the numbers make sense for you then why not?

If you have it at 399k, what are the rents of the two units now, when do the leases end, and what is the expected rent of the vacant unit? 

Start collecting rent on the 2/1($1650 within 45 days from close).So the question.. how do I tell if this is a good deal?  

Hello All,Does anyone have a couple of good brokers or direct lending contacts that specialize in commercial loans (multi unit 5 or more) on the North side of Chicago? 

Hi the seller has a tenant who 's lease expires december. he offers two options:1) sign the contract now and wait to close when the tenant leaves in december .2) close now and keep the tenant. 

However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.

I'm a new real estate agent, and a part time grandma, looking to create passive income so I don't have to work 9-5 the rest of my life.