Any advice on rules or partner deals for MTR in Chicago?

[Anastasia Rodriguez]

Hello All, so I have recently been looking into MTR in Chicago. I’m looking to get a condo 2bd/1bath or something similar near rush, Stroger/CC hospital, and UIC (not just looking to attract travel nurses I promise lol). Is there any advice specific to Chicago that would be important to know? Also please feel free to give advice specific to partnerships in Chicago or let me know of anyone who would be interested, (looking for someone who could potentially be a money partner or 50/50 for DP and other costs.)

(please give advice that is not beginner level, as I have been researching MTRs for months and already know the basics) 

[Zachary Deal]

I think the key with MTR is gauging the market and casting a wide, but calculated net at first. I would think Chicago, as with most major cities, has strong MTR potential if the property is located near hospitals or near the office buildings in the Loop. I would recommend checking out Furnished Finder and Airbnb/VRBO (30+ day stays) to see what other properties are listed in your area and level of furnishings/amenities etc. When listing the property I would list on those sites as well as Zillow at a minimum. Facebook in some areas can be successful as well. Reaching out to companies like ALE Solutions for insurance placements is a good idea and you can also try reaching out directly to the hospitals in your area.

Good luck!