And the market is so competitive here that we plan to wait until our next investment in San Diego unless some amazing opportunity came up. 

It's amazes me how fast technology, culture, and people adapt.

This amazing deal that I bought required constant interventions to keep it on the tracks which ended up involving me driving there from Chicago in person with contractors in tow. 

You can’t do it alone Wow thats amazing.

I'm personally not into buying trailers unless I have a plot of land that I can generate some amazing cashflow with. 

Reducing your mortgage payment by more than 60% is amazing!

It still amazes me how these streets do not bleed over into one another. 

Chicago has amazing inventory of 2-4 unit buildings, so you will likely find that you will be targeting those versus single family homes if you are in the city proper.

They were amazing to work with.

that is 80% of the equity. you can only borrow against what you own, otherwise the bank is double lending you money for the same asset. but thats still $140k in cash. which would be an amazing amount for a self financed brrrr, or downpayments on brrrr loans for multiple brrrrs, or you could purchase 3 $200k MFH with 20% down and have 6 doors right off the bat. lots of choices.