Or at least DM me info about the property, the address, condition, how many rooms in each unit.

Condition of Properties: It's understandable to feel hesitant about purchasing older multi-family homes that need a lot of work.

However, I have a few concerns:Pros:Living condition: 1400 sqft → 1700 sqft with some boutique featuresThe rental market seems good in this area.Another property is added to my existing real estate portfolio, which currently includes two other properties.Cons:Interest rate: 7% - No guarantee of decreasing the rate, which means there might be no opportunity for refinancing in the future.The current home is too new to be rented out.People often say not to buy property in Chicago due to high taxes and low appreciation.There’s no necessity of moving since I have a decent primary home.Any professional advice would be helpful. 

And perhaps in that case, I am thinking to offer them cash for keys to vacate the property (After the property is vacated and condition of the property is verified) rather than hoping that this will get any better. 

@Andrew SteffensYou're very welcome.Yes, the financing conditions are often better in the US but that advantage has all but disappeared with the new normal level of US interest rates.

A prospective renter would have to spend a few minutes rifling through her stuff to find the money and then leave her room in the condition she claims.

The place is newly renovated, and I was expecting it to be in turnkey condition since they said it's move-in ready.

However, before using your home equity as leverage, think about how it will affect your total financial condition and investigate the possibility of a higher appraised value after renovations.Speaking of which, it's imperative that you obtain a current appraisal in light of your recent progress.

FS ch. 82 was amended to make it much easier for the property owner, but certain conditions must exist to take advantage of the expedited manner.

Got a three unit in livable condition, but needs modernizing and a few repairs.