Buy and hold single family homes near Chicago.

[Robert Richardson]

Hi all, I'm Bob and I am looking at single family homes for buy and hold real estate in the suburbs of Chicago, more specifically DuPage county. I've been watching a lot of videos and podcasts here on BP and I went to a local real estate club meeting. I have been looking at foreclosed properties and I want to try calculate a brrrr. I saw a couple of properties that I want to watch. I plan to see what they sell for and try to calculate it. I want to watch a few auctions and try to take in information. I don't see myself making any purchase until I get mor comfortable with the market. Does anybody have any general advice at this point? Is there some big part of the equation that I need to pay attention to that I haven't considered, obviously there is a lot more to learn. My wife and I have a little money to invest and I have some time to put into this, but we do both work full time jobs. I'm just looking for any directional advice. Thanks!