When calculating your return, bear in mind you'll most likely have to pay 100% in cash to make it work.

My name is Dina, I live in the suburbs of Chicago.

Does anyone have a good inspector recommendation in Chicago northwest suburb ?

And here in Chicago I always check my favorite local homicide tracker whose name violates usage restrictions.Is there other favorite metrics out there that I am missing? 

A contact of mine has been thriving with STR investments in suburban Chicago, targeting guests visiting for conferences.

I live & invest in Chicago but recently have turned my head towards Northwest Indiana because of the landlord friendly laws, it's ridiculously costly in Chicago if you have to evict! 

Quote from @Dennis Bragg: @Stephanie MedinaYour question brought me back to a deal a client of mine did in Chicago a few years ago.

Meanwhile, if you ever consider other markets for diversification, places like Omaha, Chicago, Austin, San Diego, San Antonio or right here in Phoenix each have their own flavor of opportunity.Out of curiosity, how do you see Jasper fitting into your broader investment goals?

Bear in mind, you're not investing in a retirement account to take advantage of tax deductions, as there are no taxes.   

(most hard money loans require 10-15% down depending on the split between purchase price and rehab). but that is both (1) risky and (2) expensive, as you're paying interest every month on 100% of the borrowed funds. private money is fine, you're just bearing a lot of risk and also involving the relationship in your very first deal.