This group has been doing some excellent work on behalf of hosts here - perhaps it would be worth checking out on your end:   https://keepchicagolivable.com/about/

At what price range properties are worth while to do cost segregation?

High achievers always move the goal line out anyway; so, tying your happiness to the end result rather than daily action can result in unhappiness along the way.Regarding real estate investing, add value...it speeds up the wealth building process. in the For What ever its worth category.. to me real estate is life.. its a life style.. there is no retirement.. not sure why folks get so worried about retirement.. you get your stable of whatever kind of real estate you want  sFR multi commercial  Notes  short term lending .. fix and flip  value add  MHP  storage spec building etc etc.. and you nurse them along and work with them until you pass through the pearly gates.. why retire even if you retire with rentals your still involved in some manner.. if I looked at real estate that way I retired at 18 when I started selling the stuff it was and is not a JOB to me its a lifestyle..

The property is worth about $210k.Title will transfer to his SDIRA.

@Patrick VosWith all the added education we have to follow now, plus costs (approx $1500-2k a year in IL) having it just to have it wouldn’t be worth it in my opinion.

Good evening,Can anyone give me a good reason for strarting a LLC ? A part from being anonymous and only liable for the properties you own whithin the LLC can other advantages be named ? ( Imagine having to create on ...

And somebody told me that your net worth has to be able to cover the loan is that true ?

I would assume that something like this is not even worth adjusting for, and I should just not include it.

People can be spiteful, and it's not worth the potential hassle that an unhappy tenant can cause. 

Its so hard to feel like you're paying people for being crappy tenants, but it would have been worth it in the long run just for my own sanity.Good luck on the endeavor!