@Stuart Bartle - If you are interested in Chicago and looing for some boots on the ground and building you team...I am happy to make some connections with lenders, agents, contractors, etc.Do you have a specific area of Chicago that you are looking in?

These are not specifically real estate related.

The enforcing agency certainly cannot take action against an unpermitted unit without citing a specific health and safety issue to address.  

Here is a link to their zoning district summary:https://planning.baltimorecity...You could also call them if you want more specific information.

If you want more assistance than this general answer, you'll need to post more specific facts about your situation.

Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.

Are there specific methods you're interested in (BRRRRs, vacation rentals, flips, etc)? 

Lender Recommendations: Are there specific lenders or programs that work well with investors focused on multiple BRRRR deals annually?

I will list some specific questions bellow.- If I use a 1031 Exchange, does the next property also have to be a duplex?

Are you noticing specific property types, neighborhoods, or price points where buyers are finding the most opportunities?