@Lindsey MatejakHere is a good article written by @Mark Ainleyhttps://www.gcrealtyinc.com/blog/what-is-the-flood-disclosure-for-leases-in-illinois-

Quote from @Andrew Syrios: Make sure to swing by the MAREI meetup groups.

The way wholesalers get around this is by claiming to simply be marketing the contract and not the property itself (hard to do legally), or by doing a double close (buying the property then reselling it immediately).

I have used him for over 5 yrs and was actually recommended by a nearby HOA President. 

Refinanced in 2023 and cashed out $40,000 to reinvest○ Address -  Mount Laurel NJ. 05054○ Managed by a property manager.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?

With proactive communication, they will demonstrate they are in control, and you can rest easy.Start by going to www.narpm.org to search their directory of managers.

If you follow my advice above you will likely buy quality by default.

You may have to get approved by the ANC commission as well.

The building's Property Manager is sympathetic to the owners at large, but says they can’t do anything until instructed by the Board, and they indicated the building’s lawyers would only respond to Board members.

By year's end, the inventory flattened out considerably.Property values, however, kept soaring in 2024.