What made you interested in investing in this type of deal?

Purchase price: $396,429 Pre-Foreclosure Subject To VA Loan 3.25% Interest Rate Wholesale What made you interested in investing in this type of deal?

I am trying to decided the differences and especially the interest & expenses associated with the different type of loans.

She does this type of thing for a small monthly fee.  

Here's a brief overview:My GoalObjective: Generate a monthly cash flow of $1,000.Initial Capital: $50,000 for down payments and renovations.Target Markets: Indianapolis, Buffalo, Cleveland, Cincinnati, and Philadelphia.Strategy OverviewProperty Focus: Duplexes, triplexes, or single-family homes suitable for a rent-by-room model, primarily targeting IT professionals and bankers.Market Selection Rationale: These cities were chosen for their balance of affordability and potential for rental income, with a specific interest in neighborhoods popular among young professionals.Financial Approach: Leverage the initial capital to acquire properties, possibly using FHA loans for lower down payments if applicable.Specific QueriesProperty Selection: Given the targeted tenant demographic (IT professionals and bankers), are there specific neighborhoods or property types you'd recommend within these cities?

What made you interested in investing in this type of deal?

The first Is if you do any type of partnerships make sure you have a FORMAL agreement drawn up with at least one well thought out exit strategy.

Your numbers could range from $10-150 per square foot, depending on:- Specific Scope of Work (SOW)- Your experience- Specific architectural design decisions- Level of finishes- How the project is managed (you or a GC)- Time of year- Type of contractors used- Your negotiating skillAnd lots of other factors. 

The true cost is 1 bad issue--not even a black swan type-- that would cost you more than all that you saved with a property manager.

hi everyone i hope everyone is doing ok. im a out of state investor and looking to buy a triples or fourplex in subur of chicago, my question here is : are there specific suburbs  where i can find those type of properties. anybody here investing in chicago suburb, which suburbs of chicago is a good place to invest . thanks for your response