I'm also from here and have seen a lot of the growth happen and excited for growth to continue to happen as well 

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

Quote from @Jay Hinrichs: my advice is to get some cash first.. dont be so focused on super high leverage. do seller finance first .. forget sub too until you are very well established and have ability to cash out the loans or refi on a moments notice @Don Konipol  Don gave you chapter a verse about the sub to risk/rewards.

I am in an R3 zone so I am under the impression I have the ability to do so.

I’ve noticed that my confidence grows with every conversation I have with experienced real estate investors, and even more so each time I take a concrete step forward.I'm a strong advocate for personal growth and development, and it's great to see that you also view it as essential to success in investing.

For capital growth and experience, the BRRRR or flip route offers a bigger upside.

Just want to get ideas - areas to look into, pricepoints, demand, value growth etc.

We also tried out REI Blackbook but not did not like it because was pretty clunky and hard to figure out.Now, being that we are not real estate specific, we have a general contracting business in Chicago; we have a pretty robust system built out in HubSpot, which we LOVE and definitely allows room for more growth!

Multifamily if the rent growth flatlines and the costs increase your bottom line erodes heavily and you the GP can't make the projections that were given to LP's to start. 

.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC Thank you Pat!