Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I feel I have a rough idea, which is..I'm in Rogers Park, my next important step is to wait out 1.5 years until I can fully rent out the condo, but for the meanwhile get a roommate to save more money.

@Hiyun Park will DM so as not to get censored:)

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

Rehab is nice so I don't think that will be a concern, this is also off street parking so ones with garage will be favored more if you are priced the same. 

They all have a common theme.

Purchase price: $645,000 95% seller financed, 5% raised, $0 down. 33 unit mobile home park.

Quote from @Kyle Parks: Hey Matt, let me guess - all of these people are the problem as well right?   

It’s not going to make you money in fact, youd be better off flipping a house in Ahmerst or Clearence or Orchard park paying full market price for it updating a kitchen and bath and then re selling it for 60k more.

For those with the $ to deploy and park funds, I wouldn't waste time with housing and it's myriad of headaches, I'd go for the land.