That makes a difference in terms of tools to use to help focus in on deals.Not trying to dissuade your efforts but investing from outside the country in a market that has a lot of investors LOCALLY doing what you want to do may result in more of a challenge than might otherwise be the case . . . be prepared for some lessons . . . 

Not much in terms of online reviews as far as I can tell

If you are targeting Calumet City with a Section 8 focus, you need to think in terms of systems, not just deals.A few strategic points:Know your payment standards before you buyCall the local housing authority and pull current payment standards for 2 bed and 3 bed units.In voucher heavy markets, your ceiling is not just market rent.

I’ve found it helpful to think in terms of complexity vs. risk — rehab scope, tenant issues, and how forgiving the numbers are if something goes off plan.Townhomes, duplexes, and small multis can all work, but I’d underwrite a few of each in your area and see which ones actually leave room for cash flow and headaches you’re comfortable with.

In terms of the lifestyle impacts of real estate, it's a slow game so you'll probably notice a tangible difference in a few years after rents have hopefully risen faster than expenses. 

It certainly is a big impact in terms of ROI, but not so big in actual profit generated.the more concerning issue is that the high LTV refi will almost certainly place the property into a negative cash flow situation if using accurate vacancy/expense projections.  

.• Think in terms of risk management, not speed aloneA clean, clearly summarized report helps you make confident decisions and protects your investment over time.Tenant screening is not about finding perfection.

I understand a mortgage broker will help substantially in giving insight into underwriting from the perspective of a lender, however I would also like to underwrite properties on my own in terms of a full investment analysis.

How's the area in terms of crime?

It definitely gives me more to think about in terms of how hands-on I want to be versus the potential tax benefits.