I have a horse that I’m conditioning to compete in an 100 mile horseback race within a year or two(which also doubles as my gym/workout).

I then want to use the stack method and double the property purchase every year until I reach 60 units, which will allow me to be in a position of financial freedom.

One of the many cool tidbits that I learned from that episode is that you can check the rental payment amounts by zip code on the HUD User website https://www.huduser.gov/portal...Here is the list for rent amounts by zip code for Cook County: https://www.huduser.gov/portal...Here's the rent payments for the two Roger's Park zip codes:                         Efficiency           1-bed                  2-bed                 3-bed                 4-bed60626          $1,060                 $1,200             $1,390                    $1,770                $2,10060645         $1,000                $1,130               $1,310                $1,660                  $1,980I look forward to hearing about your progress moving forward!

One note of caution, I know you said that the houses you're looking to buy are operating as Airbnbs, but definitely double check that they're operating legally. 

We lived in 20-year-old, beaten down, rat-infested trailers with two to a room and nothing but a bunk bed, twin size mattress as old as the trailer, and a metal wall locker.

@Roger Morales - A 2 bed in that area under $1k is going to be hard to fine. 

Your ratio goes up considerably nearly doubling. 

If you're curious why the rehab cost more than doubled, the home has been vacant for 3-4 years and has mold, leaky pipes, needs a new 200 sq ft deck, and in general needs a pretty heavy facelift.

Be specific - not just SFH or Multi, get more granular - sq ft, bed bath, zip codes, etc. 

Ceiling heingt is about 5’11”· Main floor will be 3 bed 1 bath unit also 1100 sq ft· Second floor will be 4 bed 1 bath also 1100 sq ft. · Existing HVAC is Forced air gas furnace.