New Investor looking for feedback - Chicago Suburbs

[Rockne Brubaker]

Hello BP members. I am a real estate newbie in the western Chicago land suburbs looking for buy and hold long term rentals that will turn positive cash flow and be a good long term investment. There is so much info out there (SFH, townhomes, condos, duplex, fourplex, etc...) and although we have been analyzing deals, we are looking for feedback and opinions on how to enter the investment world in this area.

Wanted to see if anyone was willing to provide feedback on the best opportunity areas.  (Schaumburg, Streamwood, Bartlett, St. Charles, Elgin, South Elgin, Geneva etc....).  Any feedback would be much appreciated.  Also, what type of positive cash flow are people looking for on a 100K investment)?

Thanks

[Yulia Klimantova]

I would say Elgin will be easy to start!