Vacancy & Risk Management✅ Plan for at least 1-2 months of vacancy per year to avoid financial strain.✅ Understand eviction costs and legal processes in case of tenant issues.5.

•If CPI remains high (3.4% or above): Mortgage rates are likely to stay at current levels or even increase slightly as the Fed remains restrictive.

@Ken Latchers how do you manage the security deposit?

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.

-- sort of depends where you live and if you want to invest out of state / have the ability to manage a team remotely, the best out of state investors are very active in managing their teams.

I actually have two south side chicago properties right in that pocket of Greater Grand Crossing.The key here, more than anywhere else, is proper tenant screening and property management. 

First, keep in mind that some lenders might let you use more than 75% of the rental income, especially if you have a solid rental history or property management in place.

I love this strategy but it is more management-intensive for sure!

This is a question for your attorney and accountant on how you will manage the company etc.