The railings on the front steps will likely need replacement (they don't look secure) or atleast a coat of paint.

The new West Lake commuter rail line is on track to open next year, which will connect more directly to Chicago and should keep demand strong.

You’re absolutely right - real estate is one of the best vehicles for building long-term wealth.

A lot of new (and even seasoned) investors wrestle with the exact same balance you’re describing: invest where the numbers work vs. invest somewhere you also like/feel connected to.Here are a couple of thoughts that might help:Numbers first, emotions second – At the end of the day, the property is an investment vehicle.

And isn't it funny how the 2nd time, it was again a commonality that property financing was yet again in very short-term financing vehicles. 

Appreciate that, Drago 🙏 Legacy and intention are at the heart of everything I do — real estate is just the vehicle.

Guns done kill  people do.. well sub 2 does not kill sellers the people that do sub 2 with bad intent with not enough money etc etc they are the ones killing the sellers the sub 2 is just the vehicle that led to financial mortality for sellers in a sub 2 gone bad scenario.. and U cant have thousands of students who you know for certain have neither the capital or character to pull these off safely for the Seller..

I have no knowledge of the principal or his investment vehicles.  

Unless of course they were using a SEC vehicle that allowed a certain amount of non accredited. 

Nevertheless, with the right circumstances it is absolutely a vehicle one could use to scale without too much risk - for example if a property was a rental and paid off but had a lot of equity, it could make sense to do the refi.Ultimately every situation is different, but it is definitely a strategy that works for scaling.