large multi-family?

I, myself, invest in multi-family and think it's a great way to scale your portfolio fast! 

I'm curious what makes Chicago better for tenants and out of curiosity what other cities have in place to extremes in favor of tenants, and cities to extremes in favor of landlords to get a gauge of how Chicago sits on the scale.

And so here is my question: is a 60/40 profit split in favor of the sponsor within the range of reasonable "market" splits and where does it fall on the scale?

My experience in Chicago, which is obviously a primary market, would lead me to believe that there are simply more agents who know what they are doing in a large metro area. 

The towns are only 1500-3500 people or so with a large one nearby at 10,000 people

My husband and I have about 21K in savings and we want to take out an FHA loan for a 3.5% downpayment so we're avoiding properties that need a large amount of work.

Or, I look at the overall robust economy, the relatively strong housing market, and wonder if I'm entering at a bad time - but then realize that when/if things crash, that'll be another round of changes that provides for opportunity.Opportunity is born from change, and at 42, I'm old enough to know that the secret to doing something is to just get started, and to keep chipping away at it.Anyway, my short term goal, once I have finished doing enough research and working on getting the overall engine in place, is to get a couple deals under my belt, and get an idea of what pieces of my process needs refinement in order to scale up a bit.

The layout of the home just shows one large space and does not divide the rooms.

As my wife and I explore real estate investing and try to put our passions into action, I sometimes feel discouraged and as though there is a large veil between me and my goals that I just can't break through...