Additionally, we will see the unemployment rate tick up another .5%, to 4.9+ maybe even over 5%.   

Kentucky keeps eating! 

Since it's trust ownership, there are some additional benefits. 

It would be best to schedule a call so that these items could be discussed in more detail and provide answers to any additional questions you might have. 

Additionally, it's essential to exercise caution with certain hard money lenders, as some may eagerly finance questionable deals with the intention of foreclosing.

Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.  

If Anyone has additional information on the Chicago market right now and some insight Id love to talk. 

Additionally, if the market conditions improve, you might have a better opportunity to refinance at a more favorable rate.5.

You will need to factor in rehab costs, which could easily eat up another $50-75k depending on the condition.

Here are a few additional ideas that have worked for me and others in competitive markets like Austin:Off-Market Leads from Contractors: I had a friend who rehabbed a house in North Austin last year.