It will likely be a web of contractors, engineers, and architects, but some those are ultimately leading to the developer. 

I aim to buy my first investment property this year and am considering residential opportunities both in DFW and OOS. 

Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.

If you are looking at this property from a residential and rental perspective, then it may work as long as you are willing to put your own income into the property. 

So I just wanted to present the raw facts, hear everyone's opinions, and obviously gain some knowledge and tips from investors! 

Any tips or advice?

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.

Or really they were ALL pre foreclosures when it was legal to do this in OR and WA laws changed in 08.

But I am wondering if there is any good Keywords for Zillow, or any websites where something like this may stand out more or any tips someone may have for finding these type of properties in CO.Thanks!