I’d recommend listening to the straight up Chicago investor podcast for local information, going to the variety of meetups that are in this great city, and meeting a lot of the people posting here. 

@Daniel Hartz...it would have been easier for suggestions if you have posted the address so some of us could see if there's more equity than what is being stated.  

@Josh Otero anyone that owns the home they live in fits your posted criteria!

Focus on saving and researching financing while networking with real estate professionals to prepare for your first investment.Dont forget to add tax savings to your ROI for better decision making.This post does not create a CPA-Client relationship.

@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Net post-mortgage: $91,586/year.

Quote from @Robert Bishop: Quote from @Jonathan Greene: You are off to a great start, but a post like this is just a bat signal for anyone and everyone to pitch you something because you have saved so much at such a young age.

Thanks for sharing this.Thanks for your post @Jay Hinrichs.

Quote from @Dennis Bragg: Hi Sino,I saw your post and thought I’d echo what others have said about Dominique Leal.