Hi Campbell,In response to your questions,do I apply for pre-qualification letter and do they fund 100% of dealsI thought @Michael Glist provided some great insight, and I'll tack on some of my perspective from the hard money space...You can typically receive a pre-approval/proof of funds letter after your fill out the preliminary application for most hard money lenders.

I am currently doing a preliminary search for contractors to team up with in the Chicagoland area.I will be doing full remodels on residential houses (flips).

I'll also have my accountant review the final chart but looking for investor experience on high-level reporting that they get from QuickBooks.Here's my preliminary chart of accounts.

Preliminary calculations show the nation’s occupied apartment count up by more than 30,000 units in February (whereas there typically is no or very little net demand when U.S. temperatures are at their lowest).

@Eric Schultz I'd wager on that...I recently bought a C-class 10-unit at $26k/unit...$6k reno per unit...rents at $650/unit almost entirely fixed income folks that will die in their unit, 15% operating expenses all day long with $180k loan balance and a $450k appraisal...and I have 2 more in the queue...and can do 1 of these deals a year.

She seems interested in selling to me after our preliminary discussion.

The typical family of 4 where a wager earner lost their job received $50,000 from the government in pandemic assistance.

I had initially been working with NewRez to do a cash out refinance, and after taking all my information and going through the preliminaries they said I should be fine to do a 75% LTV ratio loan.

Disclosure report shows three main issues:1)No AC2)basement leaks every time it rains even though they have had a professional apply multiple coats of black waterproofing spray3)the contractor that they used to remodel left them with unfinished electrical work, unfinished bathroom remodel, unfinished kitchen remodel, and preliminary wall construction for a finished basement in an area where the water doesn’t come in.

I'm doing some preliminary research on both relocating for retirement (within 5 yrs) and investing in the following areas and I'm hoping to get some thoughts from those of you who have first-hand knowledge.