I pay a flat $300.

You need to have systems in place otherwise will fall flat on your face.  

Quote from @Miguel Gonzalez: I'm thinking about purchasing my first legal 2-flat in Chicago from someone I used to work with.

For example I offer a limited service product in FL at 10% and I can show I am beating the market 10-12% here through marketing on 15+ channels (Abnb, VRBO, Google Vacation Rentals, BDC, Cap 1 Travel, Marriott Homes & Villas, etc).

Some brokerages micromanage or flat-out discourage investor activity.

He says he is completly broke but i know for a fact that he has rental properties in Texas (always bragged about this) but claims he is flat broke- what a croc.

🤔✅ Total Actives - 12,056, UP 6% year over year✅ Median Home Price - $585,000, FLAT year over year✅ Number of Sales - 3,312, DOWN 4% year over year✅ Expireds - 1,756 UP 27% year over year✅ Pendings - 3,476, UP 3% year over yearLooking at the final October numbers, no real shake up with the trends.At this time last year, we really started to see inventory increase.

Prices are mainly flat around the median price point.

Cost of living sure won't stay flat though. 

Some lenders will allow you to pay down the principal balance up to 20% of the original principal balance without triggering the penalty, others will flat out state in the note that ANY prepayment partial or full within the period specified will trigger the penalty.