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Jonathan Klemm, a real estate investor in the Chicago area, describes the evolution of his investing strategy to BiggerPockets this way: “I started investing in better areas and then sought out higher-risk/higher-reward areas with multifamily properties on Chicago’s South Side.”

I believe lists like these are a macro statistic that doesn't matter to local flippers... someone is making a profit in every market, flipping properties," said Jonathan Klemm, a Chicago-based real estate investor and general contractor who is the founder and CEO of Quality Builders...

No matter the scale of your project, it can be beneficial to plan it out with the same level of detail as if you were renovating a house,' suggests Jonathan Klemm, Founder, CEO and contractor at Quality Builders..

Jonathan Klemm, CEO of Chicago-based Quality Builders, thinks the market will get worse before it gets better, although some markets may offer exceptions. “There are areas that offer more opportunities to buyers but these will not be your Tier 1 cities, Klemm , told ConsumerAffairs. “It will be in the Southeastern/Appalachian region like Huntsville, Ala, Northeast Tennesse, Northwest Arkansas, Louisville, Ky., and so on.”

Jonathan Klemm is a general contractor in the Chicago area with Quality Builders. He recommends starting with an inexpensive project like a backsplash (real tiles as opposed to the peel-and-stick). “Since the backsplash takes as much space as the countertops, it gives you a new look at a fraction of the price that a granite countertop would.”

Removing an outlet's wall plate is one way to see what's behind your wall paneling without causing significant disruption, Jonathan Klemm, a general contractor and co-founder of Quality Builders says...But, as Klemm points out, the outlet may be mounted on an electrical box, so the material inside may not be representative of the entire wall.

Jonathan Klemm, founder and CEO at Quality Builders in Chicago, suggests swapping out dated faucets or showerheads and replacing them with newer ones. You may want to specifically look for fixtures with water-saving features to lower your utility bills. While you’re at it, you can update bathroom features like your mirrors and towel bars. You may even be able to put in some low-cost lighting for a fresh new look.

When speaking exclusively with House Digest, Jonathan Klemm, the Founder and CEO at Quality Builders, explains, "A really good all-round option is oak because you can stain it so easily. So for most folks, they can get oak and then pick a stain they like to have that 'look.