I tend to write to tell naive people what to steer away from because most people don't have the knowledge or experience to find the good syndicators, or how to crunch numbers for their own properties, or how to manage the properties they buy.

Or must All of the Sales profits be steered into a new purchase?

You will have many RE investors steer you in the right direction.  

I am thankful we have Professionals like them steering the ship through these uncharted waters. 

I opted to steer clear of Raleigh but she is well versed on the Triangle Market.

I would steer you towards certain pockets of Waukegan that are better C class areas.

As Stephen said, there are a few areas you would want to steer clear of.

I have no motivation to steer you down the wrong road.Not implying what I dump on here as my opinion being comparable to tax code or legal advice from an attorney, but it's free!

But it might steer you in the right direction.

Personally, I steer clear of anything lower than a B-, because lower grade properties and areas just cause way too many problems, the appreciation is usually not there, and the cashflow just isn't worth the hassle...if the area is C or lower, I'd be thinking about selling the property...If it's in a higher grade area (B- or higher), then I'd be thinking about doing some sort of value add.However, you haven't provided enough info for us to give you much detailed feedback...For instance, what will the property currently rent for, and what is your current debt service on the property?