Trying to get someone at the bank to make a decision is going to be a hard task.

Consulting with a pest control and mold remediation professional could give you a clearer idea of the potential scope and cost before making a decision.

While the "type" of neighborhood can sometimes make tenant approval criteria a little more flexible, we always try to avoid making desperate decisions that could lead to future evictions.The rise in evictions that you're seeing could be partly due to landlords lowering their standards to fill units quickly, which might lead to issues down the road with tenants who can't pay rent consistently or have a history of instability.

Owner-occupied transactions are mostly emotional decision based.Investors should check emotions at the door and only make business based decisions.What does that mean in practice?

Because making a big decision like this based on what someone on the Internet said isn't going to fly in front of a judge if you need that.Good Luck! 

This is basically only in 2 wards and the alderman have the ability to make zoning and land use decisions for their specific ward, but the whole thing is counterproductive.  

But I would say if you see something that seems good, but have no idea if it's good, you probably don't have the reps to make a decision on it yet and could be swayed by people who are just looking on the internet.Do you own any properties? 

DECISIONS:  Will there be a majority owner? 

This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.

@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.