Please read the fine print with whoever you decide, get a solid materials in place and warranty as well.Thanks,MH

Ok, I tried to give you a really thorough answer that would have explained all of the St Germaine stuff and how it relates to due on sale clauses, but the  boss said it was self promotion and removed it.

@Jorge Ruiz True, the neighbor house put in very basic materials for their rehab, carpets in the bedroom and basic laminate flooring throughout.

I hope to use wealth of material found here at Bigger Pockets to help me get started successfully investing in real estate!

Code inspector wanted more fire-rated materials then we thought we needed. 

Now, he is promoting dishonesty and has now shown to the entire BP community his true self.

I merely want to know about reference materials on this subject and is my idea doable? 

Since you say you & your husband are just getting started you will find this site to have a ton of material you can gain knowledge from in many different formats like webinars, podcasts, blogs, forums, articles, and books.

The second type of auctions I want you to attend are building material auctions.

If you were in CA or TX I could help you but I have no clue as to pricing of materials and labor in Chicago!