However, if your time is limited or you don’t want to deal with tenants directly, hiring a property manager can make your life much easier—just be sure to choose one with solid local experience.Are you currently house hacking in Chicago?

Once you sign a contract of intent, they give you a portal to select from notes, and you can choose from partial notes, subordinated notes, whole notes, and protected notes.

Depending on what you choose, you may run into different seasoning requirements with a variety of lenders.

Market Selection: What factors do you consider when choosing a profitable location?

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

Dealing with RejectionRejection is common in real estate, whether it’s lost listings or clients choosing another agent.

There are so many to choose from.

Quote from @Joseph Sakic: Choose your hard.Do your research to find a quality PM.

Now many escrows will require that the seller sign off on the EMD release, which can be frustrating since most contracts say it should be a unilateral function (buyer automatically gets their EMD back if they cancel within the option period), but if a seller chooses to be a jerk and not sign it, the EMD could be frozen in escrow, so don't use your rent money for it. 

I’ve seen clients choose a cheaper PM despite warnings, only to deal with poor communication and headaches.