Hello @Peter Mckernan, These tips are very helpful and will definitely use them on future listings.

I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off. 

I am wondering if you are making some assumptions that just aren't true. 

The ones who bought cheaper properties trying to fix up had mixed results with one getting hustled by a contractor and definitely going into the red.

You definitely need the charisma and be well-verse to speak on it.

Definitely post whatever notice is required per your state law and start the eviction process.

I'm just wondering if anyone with a Flagstar loan has done this in the past without any issues?

Hey @Mordechai Chaimovitz - It sounds like you are talking about Chicago's NW side because there are definitely tons of areas in Chicago where a 2 flat can cashflow well.I know for me buying on the nw side was critical to my personal well-being and life happiness. 

Definitely need to get the reserves up a little more! 

I'm currently attending university for Marketing, however I found an interest in Wholesaling about a month ago so I'm definitely newer to this.