Local PM here - we have multiple development projects we are gearing up to sell, both small multifamily and townhouses should you want to take a peak at them.

Start by networking through local meetups, REIA groups, and online communities like BiggerPockets to connect with experienced investors.

Narrow your top cities, build a local team, and refine your financial analysis to position yourself for success.Good luck!

I am about ready to just manage myself from out of state and have a couple of local handymen help me out when things come up.

.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

I found a 4 BR home next to local hospital. 

I’d recommend starting by connecting with local investor groups and networking with other professionals in the area.Also, seek out teams that are actively investing and managing properties on the ground.

I've worked in healthcare for the past decade and looking to invest in local, small multifamily properties.  

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

I am not sure if I should stay local to my market.