I don't want to get into specifics but we passed on the property for a couple of reasons you mentioned.

Specifically, Sections 4735.18(A)(24), 4735.18(A)(27) and 4735.18(A)(30) require a host of recordkeeping, reporting, and trust and security obligations, all of which we have reason to believe have been neglected by Jeff Swiecicki in connection with the Property Management Agreements.My attorney is still in communication with Jeff Swiecicki and we intend to litigate if he fails to return funds immediately.Based on these factual events and Jeff Swiecicki’s continued unprofessional and deceptive behavior, it is my strong recommendation to avoid doing business with him or any business associated with him.

Group training sessions do not deal with specifics that lead to lawsuits.

Quote from @Dana Yobst: Quote from @Julio Gonzalez: @Dana Yobst While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

@Trevor McCormick,Is there a specific reason to only look at a single market. 

•Are there any specific neighborhoods or zip codes to target or avoid?

- Are there specific areas of Chicago that you are more interested in than others?