We are the perfect storm of low inventory and high demand, so a lot of properties are still going for over asking price. 

To me, that strategy is highly questionable to justify a loan. 

I would love to know this too as I am looking for a mastermind group to join and help with knowledge sharing, learning, skill development, conacts/networking, accountability and of course fun...which is highly underrated. 

Wood or wood look will never go out of style, just go medium light and not too gray, red, golden,or distressed .

I wasn’t prepared to invest this amount of money in the first few years, so I'm unsure how to proceed.Due to the high interest rates at the moment, mine being at 7%, and with two tenants paying below-market rents, I currently have no cash flow.

Does it also mean as long as any school (such as high school) is better?

Columbus will likely see the fastest appreciation just based on the rate the city is growing, but in Cleveland you will see high cash-flow and Cincinnati is a great mix of both. 

If you are local to the SLC or Utah county area, I highly recommend attending local SLREIA or UTREIA groups.

I would highly advise to use your savings to execute.

I have already secured renters and am very excited to get started.Regarding the Chicago market, I have come to understand that there is an abundance of multi-family properties, but it is important to note the property taxes outside the city limits can be very high.