They sent all this over to the appraiser and after 2 weeks were able to to get the appraisal up from $66k to $90k.I'll be planning to do this with every appraisal moving forward that way they have that perspective from the beginning. 

And all of this will yield first hand experience and perspective in our market so that when we do move towards property management, we will be able to have a much more sophisticated discussion about our needs and expectations due to the fact that we have done it ourselves. 

There may be some special restrictions on rental units.From that perspective, they're not necessarily bad.

So from the buyer's/borrower's perspective is there a relevant difference between buying on a cfd vs.

I am just looking at this from my perspective Is this off the MLS?

Thanks for the perspective - appreciated!

I was thinking from a legal perspective I would need to perform an OFAC check which is automatically done through my background check system(https://www.tenantbackgroundsearch.com).

@Jason Mauldin from the insurance perspective, wood working/staining, etc is high risk.  

Imagine a similar property operating to market.https://www.biggerpockets.com/forums/432/topics/34...Let's look at it from the market's perspective.

I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served b...