highly recommend chatting with @Matt Solis about this.

Hey @Michael Moughames, I recommend chatting with @Matt Solis about creative strategies here in DFW!

Barely any equity in these properties.

I think the point is that it obligates OOS landlords to at least provide a slightly better bare minimum service Yeah there are those out there that will milk a property dry and not try to fix anything, but i believe those are exceptions not the rule.

On the north side of Chicago you can barely get a condo for under $300k and renovation projects can easily be more than $300k

But most people who would need this kind of "HELP" are the same ones that can barely make a decision and are overwhelmed by their stuff and lack of maintenance and I can't imagine working with them still on sight/ living there. 

That IMO is the bare minimum.

The home was built just one year prior and had only one previous owner, who barely lived in it—making the property practically brand new at the time of purchase.Located in a desirable and appreciating neighborhood, the home across the street is now valued at $420,000, showing strong equity growth in less than a year.

I'm not referring to Chi directly, but I have heard of it too many times, where people are getting ripped off on courses from individuals who offer the bare minimum for a considerable investment.

If you purchase bare land with the intent to hold onto it for the sake of appreciation down the road, that's also fine.