@Antoine Black  In general, yes, it goes off your personal credit. 

Residential conversions are costly, so working with an experienced architect and contractor specializing in adaptive reuse is critical.

Private money and personal funds.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Regarding the payout inefficiencies, I remember the nightmare that some folks were experiencing with state unemployment benefits during Covid.

Me having several thousand good reviews help, but personally I would not book a property with 0 reviews. 

suggest you think of using digital business cards, but not typical ones like all solutions out there, something that is the first AI-powered digital business card and offers AI persona, which handle client questions and would act as your 24/7 personal assistant. it’s called Avatalk,

If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

If you close with a conventional loan, it will need to be in your personal name.