However, they are saying it's now a thing in Cook County to have certs, and eventually it'll be adopted elsewhere.

Extra costs for grabbing a fast dinner of morning coffee instead of cooking because of the long commute.When you add in the extra costs, often your house hold budget will remain the same whether you buy the expensive/close house or the far out cheap house, just instead of higher housing costs you have higher auto/child care/food costs.Plus when you add in the part of your life you loose sitting on the freeway, instead of at your kid's T-Ball game, and your composure when coming home after battling traffic, stressed, etc. you are really giving up a lot of your life.I have had life with a 3 hour commute each way, and the ten minute commute. 

Here are the details: Each unit has Two Bedrooms, Attached Garage, Large yard, All living Facilities on one level, Washer and Dryer, Range and Refrigerator, 964 sqft each side, New furnaces 2005 and Roof 2006.

Be ready to prepay interest or at least make interest payments as well.There are a lot of ways to cook the HML.

@Matthew Cook If you are looking at a buy and hold investment, I do not think it makes sense to rent out your current home.

I sure hope it cooks and cleans up for them!

Does anyone have experience with purchasing storage facilities?

So even after maintenance costs, property management fees and 10% vacancy, the ROI will still be over 20%.We are now looking for banks to pull out the equity. 70% of $153,000 is about $105,000 that we will probably be able to take back from the property's equity (we bought everything cash) That means that we will probably be able to get our money back and still make about $1,500 of net income a month with 100% occupancy.My next project will be a Home Care Facility.

The building is stucco and could use a bit of updating to increase rents but overall is in nice shape and entirely rent-ready.It has:- 3 units (2 2 bdrms, and 1 bdrm) all with their own entrance- The 2 bdrms both have their own laundry facilities- Baseboard heat - Ample parking (6 spots)Based on comparable sales there are 2 sales within the last 6 months within about 1-5km from this location that have sold for the following:Duplex with an illegal 3rd unit, all 3 units are 2 bdrms, gas furnace heat - Sold for 340,000 Duplex - 2 bdrms, - Sold for 290,000kBoth of these buildings look nicer than mine on the exterior but mine does not look awful by any means. 

Including Dupage , Kane , Cook etc .