According to the National Association of Realtors (NAR), as of 2023, housing inventory remains 40% below pre-pandemic levels, leading to heightened competition in many areas.To be considered a neutral market, not seller's or buyer's, the specific market center would need to have 6 months of inventory.

I would start here: Get a Real Estate License in Illinois - Illinois REALTORS - You need to take a 75 hour course and then pass the state and national exam...shouldn't be a problem for you!

Utica National Insurance Group is the one going for $1300.

If market is $6K then you're not going to get a new tenant to pay 23% above market value for it, and I don't know any market in the nation growing rents at 23% annually.

Many national private and hard money lenders do not lock rates until the appraisal is completed and approved because the numbers that come back on the appraisal really impact the pricing, if the market rent/values are off.

Property managers typically belong to state or national organizations that continuously update their contracts and processes to maintain compliance.

Interesting that your market is slowing, but Chris's market is doing well around Orlando.Jacksonville hasn’t been building as many total units as Orlando, but Jacksonville has been top 10 in the nation for building new housing units as a percentage of current stock.

Ignorance IS a defense in residential, and one a party can file a class action lawsuit on because that's much of what just happened nationally.

The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.

Wholesaling as we know it is on its way out take some years but these laws and disclosures are sweeping the nation no doubt.