I appreciate you reaching out and as promised I am in the process of trying to get another WW meet up attempt off the ground. 

They are distorted at best.So contrary to your lies and attempts to defame us on Bigger Pockets above “NO” we have never been the subject of an American Greed episode or any type of illegal activity or regulatory action against us.

Attempting to wrap my head around the principles of "why".

The weather might scare a few people away, but the locals keep themselves insulated and well-primed when the snow and wind come in.The City is actively attempting to lure millennials from Chicago with an ad campaign that highlights the City's amenities and transportation benefits.

I am on the board of two self managed HOA's (Lakeview /Wicker Park) and need assistance dealing with two separate issues:  #1 Noise disturbance in commercial space  #2 VERY delinquent assessments by a single owner Ive attempted to engage two firms already but somehow these issues seem to not be attractive to represent. 

I am a few years away from my first attempt at starting my real estate journey.

I suggest you learn some more before attempting a flip on your own.To answer your questions:Hard money comes from a company or institution that lends money.

There are problems here on a multitude of levels, but in answering your question, the bottom line is that in any financed deal, the lender will indirectly set the value to some extent in today's market.As pointed out, many appraisers were attempting to set values according to what was necessary to make the deal happen for the broker.

Collection of Discharged Debts Prohibited: The discharge prohibits any attempt to collect from the debtor a debt that has been discharged.

I'm leaning towards attempting to sell and hopefully getting the 5-15k that I can out of the property, to save in bank or to apply toward purchase of our new home.