@Jake Marinko These are the factors that should guide this decision in my opinion:- What is the quality of the current tenant vs what the market can bear?

I love in the Southwest suburbs of Chicago and currently own ons 3-Flat in Chicago and two larger multi-family properties with my Mother in Milwaukee and Bloomington, IL.

Hi BP friends, I am looking for some recommendations for good and reputable general contractors in Chicago North-west suburbs (Airlington Heights and neighboring areas) + West Suburbs (Berwyn and neighboring areas) for long-term collaboration.

Here in the US, the Teacher's, Firemen and Police Pensions are way underfunded in Cities like Chicago, New York and California.

George,Make sure your title policy is underwritten by a national insurer (Fidelity, Stewart, Chicago Title, Commonwealth, Old Republic, etc.)

I can make a better bear thesis than bullish thesis for the area.

We started with six units in Chicago, but like you mentioned it becomes difficult to scale.

The most you will ever need (at first) is a building engineer to give advice on if a wall is load bearing and how big of a beam it needs to support the ceiling if taken out.4.

We are two weeks into a contract on a duplex south of Chicago (Kankakee County) and we JUST found out seller has had an agreement with a property manager for all the (full) furnishings of one leased unit, plus landscaping and more (unknown costs disheartening).

Created LLC to be able to open a business bank account for my tenants and get a interest bearing security deposit account.