Hello, I am a new hopeful in this community and after a lot of researching, I have narrowed down a property in Chicago that I think may be worth investing in. I am seeking an mentor to help me confirm my thought-proce...

Hello.We have a residential building of 3 stories and 8 units in Cincinnati.

How many units do you currently manage? 

This should be a 1 week job especially seeing it is an occupied unit and time is of the essence.

I'd like to purchase a 2, 3, or 4-plex and live in one of the units and rent out the others as my best way to get into this crazy bay area market. 

@Michael MaloneyYou could explain that moving into a different unit would not only require first last and security but also a credit and background check.

Here's the summary I got from the video - she borrowed from bank for mortgage and rehab:Her first property $55k, fixed up and appraised to $90k ($1300 cash flow)She added 6 more properties to her portfolio in year1 - 2 duplexes ($2k cash flow) + 4-bed house (bought from cash flow and equity from other properties).By year1, she made 6-7k profit / per yearBy year2, she purchased package deals and added more properties with 2-week turnaround on fixing them (with the help of a dedicated contractor(s) who lived in one of the multi unit/room properties)She also did Airbnb and arbitrage.

Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Your local housing authority will publish a list of market rent based on the size of the unit.