This information is then linked in the database—think of techniques like pulling signatures from mortgage documents and extracting unit counts/construction types from building permits.This allows you to search my name and instantly see all of the rental properties and construction projects I own, even though they are well covered by holding companies.

Even better if you can work for a property manager or real estate compnay. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I am assuming that even if you strucutred it with a higher purchase price (85% of value) and pre-paid rent it would potentially still be frowned upon.

I've talked to a few plumbers and even a plumbing engineer about it and they all are a little stumped.That is an excellent suggestion about something to dissolve 1-2x a year!!

I predict Albany Park turns into the next Lincoln Square and gets even pricier.

I don't even think she knew what I was talking about and she had a heavy accent and didn't seem to understand me very well.  

Any MF of the quality and size (50 up) I would have been interested in would have been cash flow negative for the next 5 years or so, even with 30% down.

Even if they had renters insurance, it comes with a $500 - $1,000 deductible just like your insurance.

I know the 2 str units would represent a nuance to most banks but I've seen a few programs that are okay with it even on 5 + MF.