Very useful tips!

Also, with regard to the Property Management, I would advise you to not fall into the trap of not factoring this in for two reasons:(1) Even if you manage it, you could pay yourself the PM Fee as payment for your time spent on the management of the property; and(2) If you ever decide to hire a PM, you already have that factored into your numbers and so you can be confident that the numbers still workThe biggest tip that I can give you is don't handicap your income potential by failing to account for the base expenses that need to be considered when assessing a properties ROI. 

@Bruce RunnExcellent Bruce, thanks for the tip!

That being said, one tip I can give new investors and out of state investors is to have at least some sort of grasp on the neighborhoods to invest in before just diving into making offers and such.With Chicago being such a large city filled with a ton of vibrant neighborhoods, I don't believe that it should be up to you as a first time investor or out of state investor to learn about these neighborhoods through your own research.

There are a lot of things I don’t know so any tips would be very helpful.My dad had expressed some interest and wants to help me but his properties are currently under a mortgage.

Hello everyone. I am new to real estate. I would like to know what books or recommnedations you can give to me as a beginner. I really want to learn this business and become the best that I can. My goal is to obtain r...

Any tips or recommendations for choosing a platform for the loan?

If it's 50% required to be owner-occupied, you have to know if yours tips the scale the wrong way.

What you just described is just the tip of the iceberg. 

hey so i was wondering if someone can offer some guidance or advice on how business credit cards/business loans/business lines of credit work. also what is the difference between the 3? any good reputable companies i ...