@Eric Andersen definitely put weight into what @Michael Baum wrote and do your own research on the city regulation/zoning.

I'm currently attending university for Marketing, however I found an interest in Wholesaling about a month ago so I'm definitely newer to this.

@Jasmine Vida  Some groups have a lot of spam, but I've also found groups that are legit investors and also hold meet ups so its good for networking as well :)Send me some those Facebook groups that you found I would definitely like to join them! 

I definitely agree that it's so easy to fall in the trap of paralysis analysis and reading books and listening to podcasts.

Quote from @Bob Schulte: I’ve seen plenty of private money lending stories go south, and it’s definitely a topic worth discussing.

I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off. 

Lancaster city limits short term rentals to only certain zones of the city so definitely look at the city website for that information.

Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.

There is definitely more too it than just the money that goes in.

It is definitely a bit more tricky on an investment property, but it can for sure be done.What area of Chicago is the property in?