Thoughts on Chicago? Appreciation and Cash flow?

[Jesse Leigh]

Curious to hear your thoughts on Chicago, haven't heard much about it. Thanks!

[Andrew Postell]

@Jesse Leigh if you live in Illinois then I would certainly suggest to try to invest there first. I mean, I know you've got other states right next door too and I think those are good as well.  What I mean here is that investing in your local market, if you can, is significantly easier than investing out of state.  I'm saying being a 15+ year out of state investor. If you do invest from a long distance, you may never see your asset. That's an ENOURMOUS amount of trust/money to put into a stranger's hands. What I mean here is that if you know someone in a different city...but that city may not have as good as numbers as this other city...then stick with the city where you know people. One wrong move, one wrong contractor, one wrong vendor…will erase any "benefit" one city has over another. Your network is the most important piece for any potential returns when you invest out of state.  It's so much easier to build that network locally than from a long distance away as well.  Just some things to think about.