. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

The property has 7 acres with a 3/2 main house and a second separate 2/1 house (which also needs renovation) with its own drive.  

It takes me 10~ minutes to get on Lake Shore drive, then it's pretty easy to navigate the city. 

If you're local, you can start by really learning the market by driving the neighborhoods, studying recent sales, and getting to know what areas investors are targeting.

I don’t know much about the Australian market, but your curiosity and drive to learn are inspiring.

Quote from @Daniel Reed: @Jonathan Greene So, are you suggesting that this issue is indeed driving investors away from Florida?

In contrast, Chicago’s prime location drives higher rental rates compared to many other cities in the Midwest, which can significantly impact your return on investment.

Applicant shows a DUI class B misdemeanor from 2021 - “driving while intoxicated”.

Landlord drives by on the 1st of each month and collects.

What I do have is relentless energy, focus, and the drive to succeed in real estate.I’m diving headfirst into multi-family and commercial real estate because I know this is where true wealth is built.