Chicago winters can be harsh, so we're curious if anyone has had a good experience using a heat pump with an ancillary heat strip for those extremely cold days when the heat pump can't keep up.

@Kevin Forsellout of state BRRRR is going to be an extremely difficult way to get started. 

The property is ~75% occupied, so it wouldn't qualify for agency programs.The seller is extremely motivated and may even consider seller financing her equity.

Definitely ask your local experts their insights into your market. 

While there’s no hard-and-fast rule, many experts suggest renting it out for at least a year or two to demonstrate that it was an investment.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

I think you'd have an extremely hard time attracting that unless you had a decent sized company with years of experience managing big money.

My resposnse rate for actual real leads is extremely low, extremely low. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!