I have 4 local STRs but pay a PM so my return is not significantly better than LTR.  

Long Distance or Local

Here are a few things to consider..Work for an Established Wholesaler:Consider finding a reputable wholesaler in your local market and offering to work for them.

I suggest you check that with your local/home state lawyer.Good luck!

This strategy requires knowledge of local markets, renovation costs, and the ability to manage or oversee renovations.I am a loan officer and I could advise you on how to tap into that equity and put that money to work.

But, that doesn't mean it doesn't bring value to individuals who don't have mentors, who don't understand there might be a local REIA in their area, to those that want a little encouragement and accountability through a education program.BiggerPockets has a ton of free resources on their website and it might even give you that needed edge to jumpstart your REI journey. 

I am not from the area, but I would find a local investor or Realtor to help you figure out what would work best!

It allows me to meet amazing people and help other business owners succeed.I think Real Estate will do the same!

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

He knows real estate investing and knows Chicago...the 3 day is a great place to meet new people and see if you need the level of coaching his program provides.If it's what people need to get in the game....do whatever it takes!