Seller financing can be a fantastic way to get into a 4+ unit property, especially in a competitive market like Chicago.Have you started reaching out to owners directly or networking with agents who specialize in multifamily properties?

If this is for a residential 1-4 unit non owner occ / investment property I would compare a few different lenders.

I was recently able to acquire a property that cash-flowed day one thanks to owner financing. 

Hey Brody,If you plan to purchase a duplex, I'd consider buying it as owner occupied and rent at other unit.

I have home owners insurance should i buy another landlords policy as well?

What is your average work order cost for the owner?

BUT even then, the contract is valid, it just violated Portland regulations and the owner would owe the tenant the local Relocation Fee (penalty, which is steep). 

We create a new joint LLC for each investment, and each participant gets listed as an owner of the joint LLC. 

Ask to speak with some of their current owners and current/former tenants.

we do have to remember and I know its 10 years ago and many on this site are post GFC investor and know no better.. but were do you think all these deals came from... back in 2010 to 2014  it was not from well performing assets it was from stressed and failed owners.