My point is- if they are seriously getting the rent they advertise they're should be no hesitation to show you a copy of a bank statement.

I am hesitant to even consider a sale, as Google has just bought up a big chunk of land not ten minutes walking from the property and plans to build a campus, shopping, restaurants, etc.

You can find and connect with other BP members that are in your area, here: http://www.biggerpockets.com/meet Please don't hesitate to reach out if you have any questions or clarifications.

Honestly I'd be hesitant just to do anything like this in Chicago with its reputation of corrupt politicians and unions that seem to act more like the mafia, but at 1/10 the ARV in your home market sounds like a great find.I'm a small timer but I avoid homes built before 1978 because:* January 1978 was the official end of lead paint.

Great advice above and if your not sure or very hesitant then partnering with someone else is a great way to start.

If you have any more questions please don't hesitate to contact me

Welcome and don’t hesitate to ask for help

That would be like judging a Real Estate Agent based on the brokerage he is affiliated with.It sounds like you found an LO who is responsive and an expert in his market so I wouldn't hesitate.

He is a little hesitant with investing in real estate, but I think if I found a good deal in Northeast, I could definitely win him over :) 

On the other hand, if my rent only went up $50 or $75 bucks and I was happy, I would just re-sign without any hesitation.