It depends on who you're hiring but that seems fairly standard.  

The CHS market is still fairly hot and active, although it has a slowed a little in recent months.

If you PM me I can get you in touch with a processing company with fair rates.

However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

What rentals are not subject to fair housing law?

Use a quitclaim or warranty deed to transfer the title, and be prepared to pay Chicago’s transfer tax, calculated at $7.50 per $1,000 of the property’s fair market value.

I know these lines of credit are typically variable rate and interest only but when I am buying deals with 20-25% equity that are new construction and cashflow around $500/mo with this loan option, I feel like I have hedged against those risks fairly well.

It still shocks me how many agents aren't aware of things like the fair notice ordinance.  

This was a fairly large PM company and they seem to trust the tool over rentometer or zillow.Does anyone here have any experience with rentrange and is it that much more accurate then rentometer? 

I would say any rehab project would need to be fairly close to me.