Specifically, here in Chicago, the Residential Landlord Tenant Ordinance (RLTO) explains that owners are not required to relocate tenants for cosmetic issues, unless the work significantly impacts habitability, as expressed above. 

(Owner passed.

@Albert Bui @Carlos Valencia There is no offset when you live in the 2-4 unit remember its a full HIt to your monthly PITIA and yes you can use the rental income but only as an addition to your qualifying income, you're still taking a FULL hit on the PITIA.Its only offset when you vacate or move out or it has already been converted to a rental (pure investment/non owner property). 

And depending on how the unit is built, the owner probably pays for water and sewer, maybe even for heat. 

The Owner should be paying the utilities unless otherwise specified in advance.

I feel like I wanted to really start growing my portfolio but feel like I may have jumped the gun.

This includes cost seg pros.Q2: Are you an equity owner?

Here are some reasons why the wholesaler pricing may not work:They do not understand how to calculate the rehab or the ARVThey are NOT the party under agreement with the property owner and are part of a daisy chain with another wholesaler (or more than one).

It can be hard to learn a new market and build a network and it seems like everyone that goes guns blazing off the bat gets fed up and sells in short time. 2.

We started talking about the building, and the agent mentioned a condo whose owner they had spoken to about potentially selling but wasn’t ready to list with an agent yet.