Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.

It will take time.3) Property management companies, chamber of commerce meetings, local commercial RE brokers, etc are all additional options to network and find people who do deals.

I have 1000 sqft so $250k.if I have no GC and manage all the subcontractors I will not have a Rolodex so have to find subcontractors and I’m sure there are a million other complexities.

We manage between 80 and 100 listings it varies winter to summer but the processing of manually Remitting and paying out the property taxes takes much longer than 10 min.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.Any advice on this area?

I've purchased a couple of my investment properties directly from property management clients who decided to sell. 

@Steven Wetherillwhat about property management?

So I am assuming you were the lender on these properties and they did not manage them well and they went into foreclosure.

I'm just south of the twin cities, but I'd think Fairbault or Owatanna might be a good place to meet since there centally located between Rochester, Mankato and Albert Lea.