More specifically, code section 16-18-070 seems to indicate that it may be possible to get this fee waived if the area meets the goals in the City Space Plan.There are many, many pages of reading material online about the plan, but we are trying to figure out how to tell if the goals for our area are being met.Property is pretty squarely between the actual parks of Wicker Park and Humboldt Park and close to the 606, so this may not be one of the areas of the city requiring additional green space.Basically, if there is a viable way (by meeting current criteria of the City Space Plan) we’d like to not pay the fee if we can supply the correct information.It is very challenging to decipher this and we get one shot at getting the fee waived.If it matters, we are taking an existing 2 flat and turning it into a 3 flat – allowed by area zoning and there are no changes to the footprint of the existing building.We still have more research to do but we couldn’t even find specific information on the progress of the plan’s goals and what areas meet the Open Space Requirements now.16-18-070 Individualized Assessment Of Impact.

@Jason WrayJason I think you are absolutely right, things can be a little difficult to decipher looking from the the outside in.

If you want to send me your proposal I can look it over to help decipher it.

I want do do 10 to 20 flips at a time at one point and I need to systemize flipping, and I need to do many flips to decipher that code.That is why I am flipping like a maniac!

Sounds like you're pretty knowledgeable when it comes to MFH, so start reading other asset types of your interest.In terms of the books, I recommend reading "best ever syndication" book by Joe Fearless.Here're some additional blogs to help you understanding syndications and some of the asset types you mentioned:  https://www.biggerpockets.com/member-blogs/10850/86626-the-pros-and-cons-of-investing-via-real-estate-syndicationhttps://www.biggerpockets.com/member-blogs/10850/87614-interpreting-the-private-placement-memorandum-ppm https://www.biggerpockets.com/member-blogs/10850/88110-pros-and-cons-of-investing-in-self-storage-or-why-not-another-assethttps://www.biggerpockets.com/member-blogs/10850/88439-why-invest-in-assisted-living-facilities https://www.biggerpockets.com/member-blogs/10850/84504-step-by-step-process-on-how-to-invest-in-a-real-estate-syndicationhttps://www.biggerpockets.com/member-blogs/10850/79257-deciphering-syndication-investment-terminology

I’m trying to obtain a level of fluency to be able to interpret what I’m seeing, however I’m having a problem figuring out some of the formulas of the calculator and is wondering if someone could help decipher the formulas?

Again, my thanks for your contributions and now I'm off to decipher my hand written notes and convert them to something I can read in the future.

It would take someone months if not years to go over all of the posts/podcasts, then try to decipher what is good info and what is not so good info through even more off-line research and by the time it's all said and done may only end up with pieces to a large puzzle sitting out on a dining room table.There is a reason that School Kids are taught by people, in a structured format with curriculum objectives, held accountable for assignments and not simply put into a classroom with podcasts playing, books on a shelf and spreadsheets on the desk and told.."

From what I deciphered from your post:  you didn't like the "investors" recommendation, and that frustrates you.  

I'm new to the investor seen and some of you guys may kill me here but I did purchase and am enrolled in a coaching programs right now. the program is good from what I would decipher to be good, but my main reason of joining the program is because they offer funding.