Help me evaluate this market (Elgin, IL)

[Matthew S.]

howdy BP'rs,

I am new to real estate investing and was hoping you could help me learn how to evaluate market. I'm looking to purchase my first multi family owner occupancy property and I want to make sure I don't make any mistakes. My goal is to buy-and-hold for cash flow

I currently live in the suburbs of Chicago Illinois, and have noticed the market is flooded with deals in Elgin Illinois. I know the area personally, as I have worked there, and it is far from a war zone. Certainly not the nicest city in the world, but it seems quite safe. 

Would any of you be willing to research this market for me, show me how you did it, and give me some feedback?

Also, I love this site. So much good info. Loving the podcasts Brandon 

Matt