There are several companies or individuals that do this model in Chicago but they are definitely not all created equal.

Those couple of positive reasoning is the demand and/or it was preleased for a few years by someone I felt very good about.If it is in a bad neighborhood, I would do everything I could do to minimize my visits there. 

PLENTY of potential, and just starting to uptick in price and demand by buyers. 

I have limited construction / rehab experience and I'm wondering If I should be hiring a General Contractor to do the work or finding each individual person myself and acting as the GC.How do some of you handle getting the work done?

I've been talking w/ my conventional lender and he said I would have to buy each building individually, which means 5 closing costs instead of 2. 

I am trying to build a network of individuals in the New york, New Jersey tri-state area.

Needless to say I immediately immersed myself in research (really I geeked out for a minute on podcasts and blogs) about real estate and met a like-minded individual with experience to partner with and started doing it myself.

I heard that there are individuals investors who lend out money for purchasing.

I am new to Bigger Pockets and i am looking to network with fellow like-minded individuals as well.

To me "stress" comes in two varieties: Income stress is things that happen that will reduce your income, vacancy, increased competition, change in market demand.