This is of course, as I do my do-diligence and educate myself in numerous ways on my own, so that I am not totally in the dark when making appropriate conversation.But what comes up time and time again is the idea of "Finding a Mentor".

I would send appropriate notices and hopefully tenant will pay once they get paid again.  

If you don't think they are appropriate and have better ones, you can contact the appraiser.

I'm looking in Lincoln Park/LakeView, Bucktown/Wicker Park/Logan Square, Little Italy, Gold Coast/Old Town (open to suggestions of other neighborhoods to consider) I'm trying to understand what properties are "a good buy" and what are overpriced but I am struggling to identify appropriate benchmarks: I keep reading about the 2% rule as method to identify "good deals" but I can't seem to find properties that meet this requirement (and I kind of suspect that this is not realistic in Chi).... and I am not even sure what rule of thumb to use to evaluate properties for AirBnB.Anyone willing to share wisdom or - for people owning a similar property - willing to share approximate numbers?

@Jason TheusIf structured appropriately this could be a very viable option. 

@Remington Lyman a lot of it can be dumped back on the insurance agent IF they didn't ask the appropriate questions, but that can sometimes be hard to prove.I walk my clients through a comprehensive process where we review various details about the property(ies) so that not only the accurate information is collected, but the policy properly fits the investors risk tolerance for coverage.I'm a big advocate for finding an insurance broker who has a process similar to mine to help your clients/yourself to ensure there are no loose ends when something does eventually go wrong.Cheers,MM

I apologize in advance if this is not the appropriate discussion forum.I recently purchased a duplex property in June 2019 using a 15% down payment conventional loan.

I apologize in advance if this is not the appropriate discussion forum.I recently purchased a duplex property in June 2019 using a 15% down payment conventional loan.

in my area, I'm pretty much looking for cash flow and forced equity through rehabilitation.  

Go find out what you need to do from the appropriate local authorities.