A lot of things are going right for you.

I have used united granitethey are in willow brook- more south west burbs but i’m sure he would travel. my guy is Oswaldo- DM me for contactyou gotta go to the warehouse to pic out your stone and he doesn’t do demohe charges $200 to provide the sink which is a deal i highly recommend

The first half of the year will be slow going.

if you're W2 and full-time, hourly or salary, you should be able to go off your pay stubs for qualifying.

In his recent project he was able to build it for under 190k - 1 bed 1 bath unit with about 450sqft and it is going to rent for $1800/m. 

.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.

I just spoke with my insurance agent and he mentioned that I am unable to hold a policy on a property that I do not own (Since deed will be transferred, I can not hold an insurance policy on the property), so how do I go about fulfilling my lenders insurance requirements?

I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you! 

We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

We constantly get the comments that it is much better than it looks which I prefer.So here are some links to read up on the topic @Mark Mileshttps://www.zillow.com/learn/how-to-make-a-virtual-tour-for-...You can go over to - https://matterport.com/ and create a free account.