Quality Mortgage Lending
You are going to super popular. If you have cash ready to go you will have the best chances of purchasing the investment you want. The best thing is you are willing to do some repairs to make the property appealing to renters as well as establishing a rent roll in order sell to the next person.
As opposed to throwing spaghetti on the wall and seeing if it sticks, find a Realtor you mesh with and then begin your search in earnest. Have your Financing or CASH ready so that you can act quickly. As per your parameters to find a 2-3 flat from Downtown to 1800 N & W, it may be a bit difficult.
If a am reading your coordinates correctly, you want east of Damen and south of Armitage? You will have to add another zero to your price range, if that is the area you are looking for. There are other parts of the city that will fit your budget and objectives.
I am a numbers guy. I work with investors all the time. Give me a call or email to schedule a meeting at my office.
All the best,