I bet you can find your answers in the city of Chicago tenant's law and regulations@Carlos Valencia @Albert Bui

I'd be willing to bet most of the tenant problems people post on BP about are when they make an exception to their screening criteria. 

Your best bet is getting the heir to agree to sell.

He bought it in 2021 so I bet it's low.

If you already have a pre approval for FHA then starting locally with a house hack is going to be your best bet.

Getting a local realtor to give you and ARV would the best bet but you can use sites such as Redfin (be careful of Zillow's Zestimate) to get you in the ballpark. 

Who wants to bet it's 6%?

I bet there are options available to you such as using a "buy before you sell" (orchard, homelight, homeward, etc.) bridge-loan type program, or you may be able to use a HELOC or other bridge financing.

Hey @Chance CovanIf you're exploring options beyond traditional financing and haven't owned a primary residence for at least 12 months, starting with a bridge loan might be your best bet.

I don't know what the ten year appreciation rate will be, but I'm betting it will be insulated against any negative macro trends and positioned to outperform other markets, over the long term.