I've since decided to more passively invest in real estate slowly via brrrr...

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.

In brief, the concept was to make lots that are City-owned available via a quit claim deed to residents or community groups within the specific neighborhood on the same block in order to stabilize communities through local investment. https://www.chicago.gov/city/en/depts/dcd/supp_info/large-lo...There were a few other historic land sale programs in addition to large lots.

.- Pricing software w/ live revenue manager- Smart Lock software- 24/7 Guest Communication via platform, voice, text, email.- 24/7 Communication with owner or PM staff for maintenance or cleaning issues. 

. :-)Joyce, I invest in both direct real estate (via residential rentals) and syndication/crowdfunding passive investments.

Now, sellers and their listing agents can still offer to pay a buyer’s agent's fee, BUT that must happen via outside negotiations.

Please can you share your realtors info via DM?  

I'll be purchasing via a company who does the vetting up front and charges a flat fee upon purchase.

I have had a number of questions (how to handle land contract payments, how to set up security deposit refunds, etc.) and between their online support and responses to my questions via email, I have yet to run into a situation I couldn't address. 

 Definitely looking for good off market deals in the Norwhich, New Heaven areaHave you looked at purchasing via foreclosure auctions?