I was initially looking in Riverview and Wesley Chapel Areas, but its seems like the newer SFH's in developments outside the city are not producing much return.

Soil testing with the tank still in place will not produce 100% accurate results that there is no contamination.

The money will go towards 2 college rentals which will produce both together 1,400 a month cash flow .

I think it would have been an incredible opportunity but the deal fell through and such is life.We have considered various avenues including bringing on a partner but at this time feel most comfortable proceeding as we are.Once again, I appreciate you taking the time to answer!

Population growth is stable in this portion of Chicago, and the rental demand is incredible.

Values have jumped quite a bit since then which currently makes it very difficult to find a deal that will produce positive cash flow.

I don't think I am interested in flipping, as I am looking to create long term wealth through RE.Transitioning to RE is a tough one from my perspective as the amount of income I see the average person generating monthly is what you can produce in a day in the markets, but I am attracted to the fact of an entirely different income stream, that is reliable and which could also be sizable if done correctly.I am looking to network, watch and listen on BP before I pull any triggers on deals.

Is Boston incredibly expensive?

Although real estate returns have been compressed due to increasing prices in many markets, real estate is still producing 15-20% COC returns on cash flow alone.

Great cash flow returns, good rental rates compared to sale, and we have seen some incredible returns.