Should a OOS investor get started with multi-family in Chicago?

[Jimmy Lieu]

Hi all,

I am a new investor from Portland, Oregon, and I am looking to purchase a multi-family home out-of-state and live in one of the units. I started looking into Chicago IL because multi-families are quite popular there and its a pretty hot real estate market.

However, this would be my first property. Would Chicago be a good place to start investing in multi-family homes? How hard would it be to get started? And would it be more difficult than if I chose another state?

Thanks in advance.