Rather than try to make a round peg fit into a square hole (i.e., blend a bold design with a transitional home), we decided to highlight its natural style and create this simple yet showstopper design!

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

From a legal standpoint, sure, it's not much different other than the paperwork and govt red tape.

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

I would split the utilities based on square footage of each unit, then add it to the tenant's bill.

I received a banned message in red. could you help me @Mindy Jensen .  

These are the areas just northwest of downtown (west town, Logan square, Irving park).

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Are there any unique considerations or red flags you look for compared to the traditional rental process?

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.