The description states the property is "ready for rehab and development".

Mixed-Use Developments with Green DesignsEco-conscious development is on the rise.

You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.

So I'm trying to have a "built to sell" type mentality here. 

I recommend familiarizing yourself with your local landlord and tenant laws, while also developing your own "screening criteria."

At Wells talk to the business development officer.A local credit union offered me a commercial credit line on an LLC.

He's also the developer and this is the first house in Phase II of this development.

To meet this requirement, you must spend at least 750 hours per year actively participating in real estate activities, such as property management, development, or acquisitions, and these activities must constitute more than half of your total working hours for the year.

Sales is a time-intensive venture, and it takes years to develop a pipeline of clients.

In a nutshell, IL (where I live) too expensive of a market, but WI, MI, OH etc seems like you’d get more bang for your buck. also,  you can look at a City’s  consolidation plan and what their plans are for development to get a good forecasting of housing booms.