First Owner Occupied

[Nicole Spagnolo]

Hi everyone! Just put in an offer on my first rental property. I love the building and the area! There's some updating that needs to be done and the rents are a little lower currently due to long term tenants. It looks like until I get the rents a little higher, I'm still going to be paying about $1,000 towards the mortgage. It's not a crazy amount but it's not the ideal live for free. I'm wondering if others would consider this worth it?

[Nicole Spagnolo]

Quote from @Patrick Drury:

@Nicole Spagnolo
Depends on the market you are in. What market are you looking in? 

I'm in Illinois, buying in one of the suburbs. There's definitely room for appreciation in this area so I'm excited about that.