Unfortunately, timing was about 2 months late and the market went dormant for larger homes in our area around late August when we had the home finished.

How many times can you spend $1500 to get an 88% return?

At that time we could renovate the ground floor apartment and potentially turn it into (2) apartments for a total of (5).My questions come down to how do we deal with the existing 40k mortgage, whether we can make it work so her parents aren't paying much in rent, if anything at all, and whether or not we set up any legal entity, like a trust to help the legal situation of paying off her sister down the road. 

On Auction.com properties, it reads that it requires 100% funds due at a time of sale in cashier’s check, but time of sale is a little unclear for me.

I finally decided that it is time to come see what it is all about! 

Thank you again for taking the time!  

This was my first time ever buying property.

This is a question that has come up a million times and will continue coming up forever in Chicago unless eventually things change one way or another.

•Every time you fill a rental, you open the door to a conversation about full management services.

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.