It is also obviously important to make sure the property is located in a good neighborhood.I am still over a year away from buying a property in Chicago, but I wanted to post here to get to know some people in the market and hear any advice/thoughts any people on here may have.

@Shahrzad Amin thanks for the post.  

Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.

Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.

Originally posted by @James Wise:Originally posted by @Junior Soares:Originally posted by @James Wise:Originally posted by @Junior Soares:Originally posted by @James Wise:Originally posted by @Junior Soares:@Thuy Pham-SatrappeHi Thuy, If you can stomach alot of headaches, then who are we to tell you where and where not to invest?

There are industry standards for this but that’s a post for another day. 

I was about to start the process to get a retroactive permit but realized the additional cost of a new exterior stairwell (metal) and architecture fees is almost 30kIm starting to weigh the options of either full tear down with a new 4 unit construction or separate building in the front of property (current is set back thus the extra costs to permit)  or adding a 2 story 2 unit addition connecting to the old propertysorry this post has become 2 ideas i need advice onif it deconvert can i use it as an inlaw suite with 2nd floor unit or a duplex up. 

Thank you to everyone who responded to my last forum post, it was very informative and helpful!

I will keep posting my progress report. 

Ex: You'll see 2-3 posts from travel nurses in the area looking for a room to rent.