Net Income post-mortgage: $75K/year.

Quote from @Valentin Diaz: Hi everyone, I'm posting on here today to see if I can get some guidence.

You don't need to use a title company and pay fees, you just need to proper paper work and quit claim deed.

I’d recommend listening to the straight up Chicago investor podcast for local information, going to the variety of meetups that are in this great city, and meeting a lot of the people posting here. 

This is his 1st post. 

Net post-mortgage: $52,392/year.

It sounds like the Title Co. was not aware that the tenant prepaid rent and just prorated the current rent for the month of closing, so agree if they had no knowledge of it, would not have ever gone on the settlement statement as a credit to the buyer and they likely will not do anything post closing to help obtain those funds. 

However (to go into detail requires a separate post), that's not quite the correct course either.

Appreciate the feedback, checked out your post and yeah I've had similar with roommates in the past.

I have actually changed directions with my investing since I posted that a year ago.