Please keep pushing and sharing your progress. we are enjoying seeing your success in addition to learning how to pursue and analyze deals in different market sectors before blindly buying and learning the hard way.

I do believe you are entering a tough market.  

I have owned 4 short term rental in those markets.

Plus, if you'd like to connect and talk marketing/sales happy to do coffee or something.Also, there are tons of Facebook groups for Chicago real estate.Lastly, just doing some 1:1 networking with lenders, agents, and architects is something we focus heavily on.

Purchase price: $69,000 Cash invested: $35,000 Sale price: $120,000 Summer 2018, I took on this off-market fixer-upper in the Polytechnic area of Fort Worth.

As a sidenote I see people doing this and jacking up the price of the home to seller finance to above market value - if you do this you better be VERY clear with your investors that you are writing a $300k loan on a $250k property as if you do not you can get in some serious hot water later on down the line when doing valuations of the company. 

Jonathan, if you want some knob and tube wire for your electrical museum, it's got that too...I'm out of my depth in knowing whether they are marketers or giving sound advice.

Plan to make some tenant improvements to push rents closer to market rate for the area.

I also checked in our executive meeting and your property is being marketed $100 above the range we gave you and has a resident application.  

If you go into A/B Class the rents are going to be too high to justify doing section 8, meaning market rents are higher than Section 8 is able to pay.If you go down to D Class areas you're going to attract terrible tenants and it will be a nightmare.