Heading to Cook County Tax Lien Sale next month, it will be my first in person auction. 

We are also sending out a weekly DC investor email for the 3 best investments in a certain asset class! 

From my experience, there's a very high demand for affordable housing for the middle class.

Finding a property in a B-class neighborhood at 140k is almost impossible but a C-class neighborhood you can find that needs a lot of workAn FHA loan is really strict when it comes to buying a home that needs TLC so, I recommend getting a conventional loan at      3%- 5%.

Use a lender who does a lot of business in the asset class as well as market that you intend to buy.

Lots of great local groups around, each with pros and cons:TRIG: meetups once/month, paid membership, tons of local rooted investorshttps://www.trigofva.com/Hampton Roads Investor Group: Free, hosted by investor agents at 1st Class Real Estatehttps://www.facebook.com/group...Hampton Roads Landlord Associtaionhttps://www.meetup.com/HRLandl...

., that lead attorney CLE (continuing legal education) classes in that topic.

The way I know to do this all under one QBO subscription is to track your individual entities using "Location" and individual properties using "Class."

The building: asking on MLS is $400k 1980 build, 8 units, all 2 bed 1 bath Class C. 62 days on the market.I used verified rents from 2008 as well as current listed rents for the building to figure a conservative monthly rent to be at $4750.$57k gross annual return. take off 30% (8% vacancy, 12% PM, 5% Cap Ex, 5% Maint.) 

I think it's really going to depend on tenant and property class.