I did the house hack route, about to buy my 3rd now. 

However, in recent years, I've seen this used as a methodology of raising money to buy low barrier of entry real estate and make sponsors very wealthy collecting fees while leaving the LP's with nothing but capital calls and suspended distributions.

You could get them on MLS (I don't believe real investor will buy it from you, because they probably have REA they work with, access to Zillow, Redfin and etc., just doesn't make sense to pay you extra fee to get what is already blasted there for ALL to see).

I’m looking to buy a multi family property in Chicago, more specific in East Garfield Park 60624.

But what if you purchase with alternate financing (sub to, assumable (look at VA but requires OO), owner financing, etc) and only did buy, rehab, rent, and repeat (one less R - more precisely not a refi but maybe use 2nd or heloc)?

This is generally done through, a quitclaim deed or warranty deed, filed at your local county recorder's office.

I began banking with the local branch of a community bank that had a tiny office in my town.

Investment Info:Condo buy & hold investment.

I’m buying a truck-plex and the rent for each unit is under market value by $125-$150.  1. 

Sometimes maintenance.The PMC collects rents, although some may drop off at office, tracks EVERYTHING the onsite staff does and arranges maintenance of grounds and units.