First rental property

[Jonathan Chung]

Hey guys! Complete noob here. I am thinking of purchasing a rental property in Chicago. Any tips would be helpful. Would like to purchase something downtown or close to central Chicago so I can be close enough to put out any figurative fires. How does one find a good property? Any basic analytics that can be used? Best way to find good renters? How much to put down as down payment. Is FHA loan a good choice?

Thank you in advance!