Many investors get excited and want to 10x everything, thinking they'll be the next Grant Cardone.

Negotiate turning the units yourself once a tenant vacates.

To become a true business owner or investor, you need to leverage your time through others.

However, have you ever gone downtown to the steps near the capital and witnessed a Trustee sale? 

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved. 

Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best. 

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

They are knowledgable in their space, but I find them on the pricey side.

Welcome to the Forums, Justin and Reba!

However, the next time I buy a house, if it's a buyer's market and I know the area I want to purchase well, I'll repeat this process if it's in a state with straightforward contracts.