Chicagoland is extremely tenant friendly so understand that going in. 

Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows. 

@Armani Pimentel Yes, I believe that wholesaling is generally not the way to go, because it is getting banned, there are people who try to take advantage of aspiring entrepreneurs like you, and it is extremely low probability. 

It is why it was first on my top 5 of current risks.Feel free to DM me and I'll send you my 10 Tips for Wrap Mortgages along with a video from an attorney that knows this stuff.

When your content is helpful and tailored to their needs, it builds trust and positions your business as the go-to expert.

In my opinion, value add is the way to go if you want to accelerate your equity capture. 

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

hyper forcus on one area and go under contract directly with the sellers.

I would appreciate any tips or experience with any creative financing options!

Should I stick with my partners for the initial flips or go the hard money route?