is it Main and Main?

I'd say probably the main difference is that condos are usually cheaper than houses. 

Just make sure your math is right and you are factoring CapexNow consider the other extreme case where you can make $100k on the flip, and break even on the rental.

Admittedly I'm a recent transplant from MI so still feel the newb factor, however been enjoying VT, the area & it's people really well thus far. 

My main interest is in multifamily homes, but that's mainly because it's easy to see the rent potential in multiplexes ( I mean, that's what they were built for) and haven't developed the eye to see the potential in single family homes.

PM companies are sometimes going to tack on GC fees for things like this (in the 10% range) so that could have factored in.

The main cities we are looking into are Chicago (where I grew up!)

Just make sure when you analyze the numbers to factor in all expenses (ie. maintenance, vacancy, CapEx, taxes, insurance, property management fees, etc).

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Some properties are turnkey where factors can determine whether your knowledge base will suffice or you need a more in-depth view others are heavy deep renovations where it would be a best investment protection to know what you don’t know; possible septic issues, roof, mechanical electric... then it’s best to get a pro if your a pro or have one.