Why will likely determine how because if you are looking for cashflow vs. appreciation vs. quick capitalHow could it be househacking, brrrr, flip, long term -> You mentioned BRRRR, which is an awesome strategy but will only work in specific sectors of Chicagoland. finding the perfect brrrr in the current environment is extremely tough!

Might make sense to keep it if you have super low interest rate and around 2000sqft or less.Some great groups have been mentioned here, but be careful who you meet with. 

Ive heard it mentioned many times, but unfortunately,  I haven't taken the time to learn about it yet, although it is on my agenda to.  

As most people have mentioned there are numerous ways to invest, and get into the the real estate world.

I recommend MTM because you can easily do any of the options you mentioned.

Or a combo of one of the followings I mentioned?

Since I spoke with the previous owner's property manager and she did mention the previous owner stopped making the payments on the eletric.

As Holly mentioned, I was in your position recently. 

Hi @Raquel BrownAs another mentioned, I would make sure you are allowed a partial release if you are doing a portfolio loan.

Also, you may wish to mention what scale you are at?