@Stuart Bartle - If you are interested in Chicago and looing for some boots on the ground and building you team...I am happy to make some connections with lenders, agents, contractors, etc.Do you have a specific area of Chicago that you are looking in?

I have contractors / an awesome home inspector.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The buildings we invested into so far have been built in the 1800's.

Each multifamily building I have has its own bank account.

I know of only one building that allows Mid-Term Rental 1 month or longer.   

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

I am located in Maine and have 2 six unit buildings, 2 four units, and a 5 unit. 

Should the bank ever need to foreclose on the property, they can’t sell the building without the land or the land without the building.

This building just sold but here is an example.https://www.realtor.ca/real-estate/27286973/1915-portage-ave...