As we work in Chicago, we structure our agreement around these concepts.

I'm have been asked to enter into a partnership with an experienced investor, and I'm not sure how to or the best way to structure a partnership.

If the interest rate is still a barrier, you could explore adjusting your deal structure or negotiating with the seller to see if there is any flexibility on the price or terms to make the deal more attractive for buyers.Overall, while the interest rate may make it more challenging, it’s not impossible to work through.

This is explained early and often with new clients and it has always been a part of our fee structure as long as you've been a client. 

The questions I'm most interested in having answered: - What resources or frameworks were most helpful in structuring and launching your CRE fund?

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

It was made out of concrete block and it burned to the ground, along with a lot of other concrete and brick structures. 

Typically with houses of this age - you'll need structural folks to dig and install piers into the soil.

Happy to discuss further on how we structure our deals!

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.