However I also believe SFH (rowhouses) are offering a better return right now than Multi family. 

So every multi unit that makes sense is gone in no time.

But wanted to ask and seek out any investors who want to share their input on the multi-family opportunities in the city.

I recently had a brief discussion with an investor who owns small commercial multi-family  properties.  

My full time job is what allows me to afford investing, but my end game is buy and hold multi families to provide myself passive income "get out of the rat race."

Let's just assume it's a full cosmetic flip plus some systems updates and a roof.  

I am looking for a good deal on multi-family properties in Chicago land area.

And, I do get comments about a Joint Venture  an experienced note investor (and see the advantages to it, regarding the fact that there is less risk in starting out) but I honestly feel like me and my partner are able to learn what we must, will put in the needed time to acquire our first notes, not be weary to the challenges, and learn a proper system on our own.

If you are looking to invest in a Northern New Jersey multi-family (2-3 units) in the $350,000 price range, you are going to have look in the urban areas. 

I acquire property and facilitate acquisitions for homeowners and investors for Single Family and Multi-Family Residences.