We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

The group is full of those that do that and the people range in size.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Within a year we had 3 or 4 originators, 2 or 3 processors, and a full-time admin assistant. 

I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

Purchase price: $136,000 Cash invested: $90,000 Sale price: $260,000 full renovation from studs What made you interested in investing in this type of deal?

How can I strike a deal where they can still receive some income from the property, but I can purchase the home and make my share and eventually (1-2 years away) own the home and eventually get full profit from this 8-unit property.

It means that the full panel of the 5th Circuit Court of Appeals has reversed what a lesser panel of that court has done.

Quote from @Danielle Levy: Lesson learned: provide the full story up front and you'll get better advice.If you feel there's a case, put together all the evidence.

And you are taxed on it.the easy answer to your situation is to complete the full 1031 exchange.