Make sure you evaluate rental demand, realistic cash flow after expenses, and long-term appreciation potential before deciding.

To be clear this is not about investment performance, but about the processes and practices that shape the LP experience.My minimum acceptable threshold is having quarterly status reports (which provide real details  on progress and/or problems and not just fluff), at least yearly financials (and quarterly is better) and at least yearly capital account statements (and quarterly is better).Distributions (and waterfalls) are often detailed in the operating agreement in dense legalese (and differ alot from deal to deal). 

Isn't what mention about the country and the path of progress is almost word for word what is mentioned in the marketing promotions.I'm not sure how you do your internet searches but there's plenty of complaining around.

That means closely evaluating factors like property tax rates, HOA dues, MUD taxes, insurance premiums, and ongoing maintenance.

What a fun journey but you are doing it and making progress

Realistically, for 2-4 units right now, the cash flow "sweet spot" is in neighborhoods like Linden or the South Side where the path of progress is moving, because straight long-term rentals in A-class areas are a tight squeeze without a solid value-add strategy.

I have placed 2 offers, but the HOA fees increased enough that my interest waned a bit,Recently we saw a unit at a price that I thought warranted further evaluation.

I’m now looking to buy another property.I already have an agent I like who’s sending me possible deals - but as you know, agents still have a motivation to get something under contract.I’m really looking for someone who’s a bit more experienced and open to lending their expertise - someone I can bounce thoughts and ideas off when analyzing deals, evaluating properties, and just getting general guidance.Not looking for a paid mentorship or program - just some honest, unbiased insight from someone who’s been there.

@James McGovern How do you manage the mental bandwidth to evaluate new investment strategies or approaches seemingly on a daily basis?

Bonus density, advantages of located near transit centers, recognize unit separation laws and path of progress regarding these (I expect to make a lot of money (at least 7 digits)  on this in the next couple/few years effortlessly).