The Chicago market is not a pure "cash flow" market, so there is a lot of appreciation potential as well. 

I'm as well a NY State licensed Real Estate Salesperson and do it on the side purely to learn more about the RE market and help in my investing. 

The budget I was given was purely for the conversion, putting a map on the property as well as fees from the county.Thanks,

He responded by getting a guy from 120 miles away who had been an arhborist for 6 months at the time (mind you we live in a major city, there are dozens of arbhorists within a few miles of us...he was shopping for someone who was purely new and would say anything for business IMO) to illegally trespass on my property to assess the tree.

Bill, from purely a cash flow standpoint, have you found some property types generally more successful than others?

I have listened to the BP podcast for a little over a year now (beardy Brandon is pure entertainment). 

Note that these aren't pure C class properties, I don't think, as I described above. 

This might be purely due to the landing page when you click on forums.

Some may have succeeded by jumping in without the full knowledge but if they survived it was likely only through pure luck.

If it's truly cash-flowing $73/month off of one unit and both units are rent-ready,  then that would mean the other side would provide 100% pure cash flow and you'd have to put nothing else into this deal other than a down payment.