Also can work for a fixer where you can JV with the seller on a sales split of some kind after fixing it up.

I've never rented a house, only apartments before I bought my first and only house.Is it so commonly known who pays which utilities that landlords don't bother listing that detail?

That question is kind of hard to answer with no knowledge of your funding situation.  

Thx again in advance.Expenses Annual Figures R/E Taxes $9,756 Insurance Premium $3,000 Maintenance $4,000 Water & Sewer $3,000 Common Electric $700 Gas Heat/hot water $0 Tenant Paid Management (5%) $3,937 Garbage $0 Ind.

Hi there -- I'm very new to RE and BP, so apologies if common economic logic already answers this question.I live in Chicago along the Blue line in Logan Square, which is a "hot" neighborhood.

I'm just wondering what some people's rules of thumbs in the region are for like flipping or rents.Bigger Pocket guidelines are usually like 70% rule of thumb for flipping and 2% test for BRRR.The Bay is kind of a special child, so was wondering what kind of numbers people look for here?

Most common mistakes and what to avoid.   

I am very fond of private lending and it has done well but there have been problems and I don't believe there is any way to avoid future problems if you do any kind of volume.

I doubt they're as detailed as true MV appraisal w/ like kind/quality comps, but would it be fair to say that its usually in the ball park or is that a stretch? 

I would love to find a REI group or some kind of networking group that I can be a part of to learn from and hopefully share my limited knowledge with also.