I haven't heard any who recommend a primary business model of buying notes with the chief intent of foreclosing versus getting the owner re-performing considering the cost and time required for foreclosure proceedings as well as all the unknowns that come  along with it.

Connecting with local investors would be my number 1 recommendation.

Sewer issues in Chicago are very common which is why I ALWAYS recommend / almost require my clients to get them done + if there's trees in front or in the back of a property, there will almost always be plumbing issues + needed rodding. 

@Julie J.My recommendation would be to wait until you can afford a home with traditional financing.

Whatever the engineer recommends do, the longer you wait the worse it gets. 

I'd recommend finding local meetups as your next step. 

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

There are a couple of DIY cost segregation companies that provide you a questionnaire to complete to generate your report.I normally recommend a home inspection and appraisal in hand when completing the questionnaire.The completion of the study is instant.Best of luck.

The bigger the reserve the better, obviously, but generally most recommend a 3–6-month reserve.Makes sense, thank you!

I recommend Pricelabs.com  at the very minimum especially with only a few properties.