Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

When's the last time you say a panhandler saying "will code for food?"

I would also try to contact the code compliance department for advice.

If it is unclear as to whether you have met the standards of the Illinois Code, it is recommended you speak with an attorney for an explanation of Landlord/Tenant Law.

Quote from @Chris Wilson: @James HamlingNot trolling but just trying to provide some context about why states and other countries like CA have such stringent earth quake codes that keep getting updated.I will never really understand the power of a Cat4 or Cat5 hurricane until I experience one.

While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

If before getting a permit you have to dance around for Code Dept officials/ city gov and crime is thru the roof, investments will definitely be low whether real estate or other, but it should be benefiting the city officials to keep things that way.

You can then give out codes for self-showings, AFTER a prospect meets your basic screening requirements.

It's always case-by-case.GROUP 1: Not tax strategies at all, but for some reason often promoted as suchOrganize your records.

@Sofia De Santos Tavarez if you haven't already, have the property professionally inspected.This should catch MOST of the structural, health & code issues - but not all.