Sure, location, cash flow potential etc. but numerically, is there a sweet spot?

I'm located in Iowa too and there are a lot of nice homes in that range.  

Hi everyone - Im actually looking for something very similar - a wholesaler or realtor with investment background to locate a property in need of rehab that we can house hack - live in and fix up while living there.

I'm a SFH wholesaler and I'm looking for some feedback on my analysis of a 6-unit multi-family building located in the western suburbs of Chicago.  

George Sykes, Broker with Worth Clark located on the Illinois side of St.

We looked at 4 or 5 this past weekend, and are considering buying a 4/2 in a good college location.

What's the location?

Asking price: $245,000 - reasonable for the areaEstimated Monthly Rent under current leases: $2500.00 - on the low side of the range for the area but the tenant base is long term and stableAnnual Taxes: $5000Annual Insurance - Unknown/information requestedUtilities - Unknown/information requestedBuilding Owner pays for alarm monitoring,electric and water bills - have asked for monthly cost averages but do not have yet.Individual tenants pay their own internet and phoneDescription: 2400 sqft, brick building with a 10 space parking lot, good location Known upcoming repair is HVAC for the downstairs (est $5k), upstairs HVAC has already been replaced.Thank you for your time as well as your opinion on this deal, recommendations for additional questions, additional information etc. 

Brian Kolb - like Christina R. said, HUB City REIA is a good place to possibly locate a mentor.

The property is a great corner location, minutes from downtown, and is a 4 BD 4.5 bathroom property.