Hi @Irving Rivera - I think the old saying that "You get what you pay for" holds true in real estate investing too.I think Chicago neighborhoods like Garfield Park are great IF you have the right team and MOST IMPORTANTLY THE RIGHT TEAM COSTS $$$. 

Mortgage Buyer: It's true that some buyers who need mortgage financing may prefer properties with ALTA policies, which provide more comprehensive coverage.Potential Buyer Pool: While a CLTA policy might not deter all mortgage lenders, it could potentially limit the pool of buyers who are eligible for certain types of loans or who may prefer the broader protection of an ALTA policy.Recommendations:Discuss with Title Company: Engage further with Chicago Title or another title company to understand the specific reasons why they are offering a CLTA policy instead of an ALTA policy.

I would check out ball point marketing and true ink marketing, which are companies that provide hand written letters that are written by robots. 

For reference, your typical setup costs for a true syndication with all the regulatory filings and documentation is likely going to be around $10k or more.  

@Sara Holda That's not true of Nashville.

The numbers add up but it looks too good to be true. 

I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is.

This structure, if the data I'm finding is true, is unsurvivable if the market moves against them.

It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.

The true wealthy post-pandemic don't worry about this.