One figure I did see was that over 80% of IL residential uses gas heat and I'll bet 98% of the electric is much closer to Cairo, IL than Chicago!

Since you are flipping your best bet is the insurance approach.

@Arpan Patel  can it happen maybe will it happen for 99% of those who REALLY only have 1k in their checking account or less NO WAY NO how.. the best bet for those folks is find a job.. and if real estate is what they want to do then bird dog... or get a license and do leasing.. that works.

I am trying to partner up with somebody else to do me the legwork would be needed in the future fix and flip transactions i probably will do out of the state when i am absent , including which is the most important thing is to watch the rehab process and contractors progress anybody has an idea how to setup that king of relation and contracting ?

I'm guessing your best bet is to talk an association attorney, obviously one that has experience with co-ops.  

That helps me enough to progress to the next evaluation of this property.

I'd like to invest in San Diego, but it will take a lot more capital than say back in the Chicagoland area (where I'm from).From a flipping standpoint, it is recommended to be relatively close to your properties, as you may want to check progress occasionally and don't want to spend most of your time traveling to your projects.

All in all, Jacksonville is a much more progressive city with lots to do.

Your best bet is to press the seller to provide the documents.

Estimated 60,000 renovation- currently in progress. 2600 rent estimation, 130,000 refinance on a 200,000 anticipated valuation.Accepted offers: Manchester Duplex for  76000- estimated 50,000 renovation. 2x3 br units.