My Mom also grew up in that neighborhood...Terrace M.

I think that is Oakbrook Terrace there.

Flipping is not an easy game, especially now as numbers are tightening from increased investor interest, Eau Claire/Chippewa Falls Market is good, also look at Rice Lake, That town has a lot going for it in my opinion, Step 1 Secure financing, and establish a target purchase and exit range, Step 2 Learn your market, and know every distressed property in it, Step 3 make your acquisition, and if you did your home work correctly a few months later you will be marketing the rehabbed property for sale.  

I just sold 2 turnkeys there on Terrace Ave for 140K.

@Monte Rice if you have 20% equity and lived in the property for one year,  you should be able to refinance your FHA into a conventional  owner occupied loan.

Ideally, a $330K-$360K three flat in Horner Park, East Albany Park, Arcadia Terrace would do.

Hey @Preston Rice I'll definitely be needing the service of an agent soon (this month), so if you could pm me your information that would be great. 

It makes it much easier when you think wow - my dinner of chicken, veggies, rice, and beans cost about $3 on average, compared to the dinner out which goes for $15-$20 at minimum.

Hi, I'm new to the site and was wondering if any of you guys would recommend buying a four or five bedroom terraced house and using one of the bedrooms for your self and renting the others out to university students.

They are located in Temple Terrace and I know the owner personally.