Age of the home, neighborhood, price range, no. of bedroom/bathroom, type of roof, any other features/specs?

What's this price range like near you? 

Even having the MLS access to see disclosure documents and agent-only comments could sway you one way or another on moving forward.Finally - if you don't or can't service someone but want to refer them to another agent (in or out of state), you can get a referral fee back (negotiable % usually in the 20%-30% range) to help offset those fees.

For daily use checking up on partial payers:   Sum up the payements received AND give detailed payements for the last 3 mo,  set the date range. 

Great to see all the replies here and range of opinions.

Originally posted by @Angelica Rose:Can one use a guarantor in the same way that you would to rent apartments with less than sufficient income?

Lol developers normally can tie up dirt based on reputation in the area.. and like I said substantial non refundable EM in the 6 figure range..

I try to be really conservative (especially in my price range bracket at the moment) for any MFU properties since many in Chicago NEED rehab and those repairs can really hinder your cash-on-cash returns in the long run. 

(depending on your current financing, the limit is going to range up to 90% LTC in most cases)2.

Sometimes of course we look at big areas and speak in generalities when there are significant submarkets and price ranges and ages that have different characteristics.