The main challenges that investors face with their rentals is inherited tenants.

@Justin Rowe My main focus was to find a property with acceptable profit margins, and in a C- or better neighborhood, which at the time was challenging.I ended up buying in the Alta Monte neighborhood.

Well, the rents in Chicago have been raising, even in the Southside, which is mainly coming from one particular neighborhood: Pilsen.

After a seasoning period, including EOY tax forms, you may be able to help establish for the seller they are not responsible,  but the main message is-this is not a strategy for a vanilla listed Jack and Jill Homeowner that needs to buy again right away deal. 

Mainly investors that have just completed their first out-of-state deal.

The info can be wrong so I wanted to check with you as your house at 123 Main St says it had a lis pendens filed at some point.

I think the only way around that *may* be to go to something along the lines of a UPS Store and rent a PO Box that is listed as a Suite address (so instead of PO Box 1234, it's 1234 Main St, Suite 10). 

I am working a couple other zip codes (38117 - East Memphis & 38122 Berclair) but main focus is 38111.I have done some in depth analysis on my YouTube channel if anyone is interested in seeing how I run my numbers and always happy to hear constructive criticism or better ways to do things.Additionally, later today I will have a video out reviewing "Rent To Retirement" and giving an overview of their site and academy. 

The main thing is to get the appreciation clock ticking on a property.

There are handful of DSCR lenders (mainly commercial style lenders) that do not report these loans on personal credit.