If it is unclear as to whether you have met the standards of the Illinois Code, it is recommended you speak with an attorney for an explanation of Landlord/Tenant Law.

Bedroom requirements can change depending on local code.

If you need more information or a referral code please let me know.

These are professionals with additional training and a stricter code of ethics.

Building codes change and labor and materials go up.

This is for serious people who read this.Since law is is difficult for some people, let me be more clearThere are various codes that can be violated when buying properties (the definitions are easy to find with a quick search) Equity skimming Equity strippingForeclosure Rescue Mortgage Fraud Short Selling False Statements Wire Fraud Bank Fraud and so onhere's a sample12 U.S.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

These are professionals with additional training and a stricter code of ethics.

Guys have heard that ad nauseum and its now a code word for "Do it cheap".

I personally dropped the zip code into Zillow and looked at your listing on a map and others nearby.