At the end of the day the high real estate taxes, which is definitely the biggest warning I think I've heard, is just a number to factor in - so if the numbers still work it's a good deal either way.Good tip on the flipping being a better investment than renting in Illinois - something to keep in mind if I do start looking seriously over there.Always appreciate the input.

We also offered a cash for keys for all units.

The key is obtaining listings. 

Hey everyone,I'm looking to relocate to a new city for a change of pace, but I am also looking to invest in smaller multifamily properties (1-4 units) in the same area.  The primary cities that I'm considering right n...

I normally recommend more turn key properties for your first go at it and go from there.

I will definitely be checking deferred maintenance during the due diligence period and most likely there will be some needed.It's definitely not 100% turn key, there are most likely some renovations I can come in and value add, especially in the exterior and extra security to make the residents feel safe as it is a C class area. 

The key is time verses the amount of rent you will lose.Good Luck to you

Yuk.They say you are what you eat, so some people are Crisco.Anyone have any tips on how to clean grease?

Just looking for any tips or tricks on either building a multi-family home or just trying to buy one that needs renovation.

Mls fees, board association, e&o insurance, general business liability insurance, electronic key fees, licensing fees, continuing education, any fees your broker might charge, increased auto insurance rates.