Credit score is acceptable, he has no evictions, have enough income to cover rent comfortable. but then i am here as it's useful to learn from others experience for this kind of profile and background that I have no experience with.   

I have a background in project management and marketing, which I hope will help me navigate this space as I grow my knowledge. 

Hey @Lee Burns - I might have a guy for you...Can you please provide us with a bit more background on your game plan and your understanding of how foreclosures and receiver's liens work in Chicago?

Should I try to do a background check on possible tenants or let a company do it?

Please see  background on deal below, as this will be my firdt purchase.

A little background...I own a personal home with about $1.3m in equity, and I have about $750k cash. 

However, most people seem to use Yardi these days, at least if they manage buildings as opposed to something more scattershot. are you looking for how to get started or technical help or just which one works best? 

I have a background in distressed properties.

The tax transcript is a little abnormal, but I would assume it is to validate a lien or judgement on the background report is paid off.

So, under those specifications, technically, if you lived in both sides of a duplex for two years each within the past  five years, then they would both qualify as residential use (or mixed use if you also rented them out during other years).