To find a pre-foreclosure home, buyers can search popular websites that pick up feeds from an aggregator or they can pay for the feed.

Even though the interest rates are high, it’s a great tool for people who don’t have all the cash to do a fix-and-flip. 

The BRRR is a great strategy, but you will have to search hard to find a distressed duplex that you’re able to force appreciation on in this neck of the woods.

If you owned a few thousand rental properties, you could argue that owning a private jet is a significant time saving tool and well worth the cost.

I invite you to search this forum about ADU appraisals.  

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

With your background in computer science, math, and finance, you’re bringing some valuable tools to the table.

I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.

I'm developing an AI-enabled analysis and lead generation tool for REI.  

If you're open to expanding your search, I also recommend checking Columbus OH - lots of deals that still bring positive cash flow and great appreciation potential.