In addition I found these common misconceptions by investors about purchasing existing notes 1.

Flip side of that coin, it's an all too common story of getting into something less then ideal because it's what closest was secured.

I’ve struggled with this here, in coastal SC, where marsh rats and roof rats are a common problem.

But to Chris's point, one of the common tactics right now is to sell a property for more than it's worth by using seller financing.

There are three common approaches, but the best strategy blends them:What typically works best:- Small predictable annual increases (2–5%) Tenants expect it, it prevents large jumps, and it keeps rent closer to market over time.- Market realignment at turnovers When a tenant moves out, reset to true market value.- Context matters - If tenant is excellent then prioritize retention with reasonable increases

ADU's are not as common in Indianapolis, We work with several contractors that have some experience with this and would love to connect with you to discuss this.

:) .Are there any strategies new investors commonly use to balance personal home upgrades with starting a rental portfolio?

Hi Isabel,What you’re running into is very common in competitive markets like Chicago.

Do you know a common trend I often see with them?

Cash flow tends to be higher in the cities where both SFH and MFH are common.