There are many here in my local area and your area is likely to have the same type of meetings.Most of the deals that I fund are by meeting investors in person at these groups and creating strong relationships. 

Since moving into another fixer-upper isn’t ideal right now, consider leveraging your $40K for a low-money-down investment, like house hacking a small multifamily or using creative financing (seller financing, subject-to, or partnerships) to avoid tying up all your capital.

This is something a lot of people need to read going into flipping..

That’s gold in this business!

She stated "this is your property, so you need to fix the issue within 2 days or were shutting down the house."

Has anyone done this and have had success? 

Tools like this helped us determine that retiring in the Memphis Metro area was good for us and has helped form our investing strategy, mainly SFR and some commercial spaces (flex, studios, small office).

This house has several major issues wrong with it but there are 2, I am unfamiliar with. 1.

Buying a second home for short-term rentals can be a smart move (especially in a vacation hotspot like West Palm Beach), but there are key factors to consider.

For this reason, I often recommend setting up separate LLCs for Illinois investments.