Chicago city Southside Underwriting Guidelines

[Jack Edgar jr]

To all my Cashflow residential single family-6flat investors, that are on the southside of chicago around Marquette Park, and Inglewood. 

What are you seeing for your operations expenses when underwriting your deals. Working on a portfolio of single family, 2-3flats, up to 6 units. Curious to hear your thoughts on the costs involved and return expectations (cap rate, GRM, etc.)

In this situation assume properties are fully occupied, recently renovated, and tenants pay all utilities. I appreciate your thoughts/advice.