Chicago schools and chicago are sort of unusual in that things are very local.

Of course, this reasoning does not apply if a similar property cannot be created because of location, unusual construction, or some other reason.

Nothing fancy or unusual. 

Although unusual for syndications, there is the 1031 option known as drop and swap, where a syndication LLC or LP would modify and transfer the ownership structure of its members/partners to tenants in common with sufficient hold time to prove intent to hold for investment for the exchanging owners. 

Yep, a wholesaler trying to hide his and also has no clue what he’s doing if the purchase contract has no price......not unusual for the new crop of wholesalers.

How would one go about establishing the value of an abnormal property?  Being new to this scene im not sure how anyone would go about coming up with the value of it. Last year I purchased this 1 acre with a 2000 sqft...

That's unusual for an abandoned tax foreclosure up for sheriff's sale, I think to myself. 

Are there unusual expenses associated with multi family properties that require a buffer above the 1 percent rule?

In addition, the unusual part of these credits was the removal of correct zoning requirement at time of application.  

This is always the challenge with getting a loan on an unusual property.