Hi biggerpockets! New member here. I could use some advice

[Arturo Perez]

Hi there. I am a new investor looking to get into rental units in the Chicagoland area.

I need an advice; I am currently renting in Chicago IL. I have a stable job, I could be re-assigned out of state in the next couple of years, but if I don't I have no problem living here long-term. I am in the Old Town area, very close to downtown, my rent is $1260 per month and includes most utilities and even parking. This is a great deal and I really like where I live, unfortunately these are apartments and are not for sale. I have looked at similar properties in the area and they are well outside of my price range, so I think I should continue to rent for a year or 2 and look at investment properties. Talking to a few lenders and financial advisors that I met through friends, they all recommend that I buy so I start building equity before I start getting into rental investments. What do you guys think? Is this wise advice?