But I'm nervous about all the added costs since upkeep would be more expensive for a SFH (or 2 in this case since I'd be living in one as well).The seller rented the 2nd house for $1200/mo but I'd add a washer/dryer and ask for $1300-$1450.

I was thinking of hiring AdWord Nerds to help with SEO and paid ads.

I think requiring to use an online system like Venmo and such could be added to your lease for the future so it will be easier for you to keep track of payments!

The numbers for this added up to be significantly greater than any index investments would give. 

I had a client recently buy a 2 unit in Albany Park + unzoned attic and then were able to legalize the attic on zoning doc from an old water bill ended up being a huge value add likely over six figures added now being a legal 3 unit. 

But assuming that the first year is predictive of the following years--and this is a big assumption, you better watch out---then it tells you that besides everything else, the investment will not be adding to your liquid cash, not draining it, returning 10% liquidity to your cash invested per year.The idea with many investors is to put as little down as possible. 

I'm in the process of retrofitting my duplex in Ottawa - a relatively easy one, just adding some sprinklers in the furnace room (self install + inspection for ~$1000) and some drywall in a basement hallway.First question - does the fire-retrofit inspection add value to the duplex, generally, in your experience?

You post an ad the prospective tenant would like to see it within 48hrs.  

Check out the wholesalers' ads in the marketplace, you'd think cap rate is the ONE and only metric that matters in buying a rental house. 

Hi all,After listening to a few of the webinars, I am curious into the process for of buying 2 or 3 bedroom properties and adding square footage and extra living space.