I did this my first time.Someone says something in a post that they didn't mean, or later found out wasn't true or factual, etc......among others.

From not having an attorney draft the docs, to trying to cheat the system with the deed in lieu to not professionally servicing the loan.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

.✅ Professional Tenant Screening – Property managers have systems in place to screen applicants thoroughly, reducing the risk of bad tenants.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!

If the above is true, the income will offset the debt in the DTI calculation, so who cares? 

If you’re looking for ways to make the numbers work, sometimes that means evaluating different markets, financing options, or property management strategies that help mitigate risks like vacancies and maintenance surprises.You’re not alone in feeling like 2025 could go in multiple directions, but one thing remains true—real estate continues to be one of the strongest vehicles for long-term wealth when approached the right way.

Readers should seek professional advice.

I reeeeeeeally wanted this to be true, too, I wanted to believe him so bad.

This is where the true opportunities are.Detroit, starting with Downtown is experiencing a massive redevelopment, at this point its no longer a secret. 

I would say hire another you when your value proposition begins to slip (e.g. you can't stay true to your boutique goals because of the volume of work) or when the work is too much for you alone.