From what you said, you can leave it and then do it in pieces if you aren't going for a full-on upgrade which you shouldn't go overboard on a unit that you will eventually leave and rent out.

Hard to describe but imagine a very busy piece of stationary with colorful shapes and starbursts that then had text printed over it.

I have a beautiful piece of property that I would love to one day build on.

I wrote this piece for BP a while back and you might find it helpful: https://www.biggerpockets.com/...

When they sat down with my wife and I to show us the plans, they said they were hoping to give us 10K for the piece of property.I am hoping that someone has experience in this occuring and amount of money received.

This will assist in locating any possible problems that could need to be fixed right away or have an impact on the property's long-term worth.Note that each real estate venture is distinct, and there can be particular factors to take into account given the Chicago real estate market.

@Tony PellettieriTo clarify you have 3 pieces of collateral with no debt at all?  

As you know, South Florida real estate investments are booming and everyone wants a piece of the action.

There's nothing wrong with it, but folks playing on social media realized you can purchase a ton of property using other people's money and you get a piece of the profit for putting it together.I've always viewed syndication like a hedge fund, except for real estate.

Let's say this agent is generous and does share tht $24,000 with you 50/50, well that piece ($12,000) goes to your FIRM, not you.