However, as soon as he was late with the rent he gave us the, "Well you know I shovel the snow", so we hired a plow service and a lawn service for less than we were paying him. 

Lawn / Snow / Trash?

However, there seem to be good opportunities in the South suburbs as well (researching the area): Summit, Oak Lawn, Chicago Ridge etc.

Purchase price as is like I said I'm probably at 700/mo not including lawn care, that 700/mo includes taxes, insurance, prop tax only around 540yr, its almost 3/4 of an acre.  

Now their price is taking off because many have been priced out of SFRs. 3) A good HOA can actually be a true benefit to a new owner in that it can more cost effectively manage some basics like lawn care, pool maintenance and other exterior chores where there is economy of scale.4) A bad HOA can cause your property to loose value even in a rising market.

If the deal is for $140k all cash (and you get $40k right back), you're probably OK. but any half-wit loan officer the tenant uses will see right through what you did, which is to artificially bump up the market history of the property to influence the appraisal and mortgage size the tenant is applying for.

Basically, if it is within 30 minutes in any direction of Coral Gables (to pick a central starting point) and the area isn't rough (look for typical indicators....plywood over windows, bars over windows and doors, chopped up cars in the front lawn, lots of "outdoor" furniture in front of the house, etc.), you'll be able to sell it after rehab.Best price range?  

- What is lawn care and snow clearing going to cost?

Hi BP members,I found a burned down house (big hole on the roof, broken windows, and it has been abandoned for a year or longer according to the neighbor) and surprisingly, someone mowed the lawn because it looked neat.I estimated the ARV around $110K to 120K.  

Lawn, bark dust, trim shrubs, wash windows.Paint interior.New flooring.Do heavy cleaning to tub, sinks, faucets and appliances early to evaluate whether they need to be replaced.Other cleaning, repairs, and replacements.Install smoke detectors & CO2 detectorsPrior to placing ads, the following needs to be decided/ready: estimated unit availability date, how to handle utilities, market rent amount, deposit amount, any updates to application, policies, or screening process.