Just food for thought here, all the hype around subto lately got me thinking, it's not even a strategy I typically employ but like to have in my back pocket in the rare case when it makes sense. 

I do a procedure every year at tax preparation time. 

They may have been looking left and preparing for a 12%, 15%, 17% return and never paid attention to the risks on the right.  

However, be prepared for limited inventory, higher competition, and possible compromises.

So, some food for thought.Trusts seem to be the preferred method of liability and asset protection among the wealthy.  

I have been receiving wrong accommodations and prices because because their personal life background, they were incapable of screening me nonetheless I had good credit and clear profile, they were just discriminating on the basis of their scarce preparation to human situation and so by their presuppositions, that's probably also illegal.You cannot say landlords are to be forgiven because they are doing a needed service, instead it's for that very reason they have to admit their fault and change their way of behave: if a business owner is occupying the market with bad practices and wrong services it's likely they need to leave their place and let others settle in who can operate the business correctly, their even more such of problem if their services is basic, but it's quite absurd it's on me to explain you this.Landlords would have to better understand theirs are affairs on a public market, it's not private or personal matter, and as so they have to behave buy clearly stated rules or face immediate consequences.

@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.

You are preparing to give them $3,000/$6,000/or maybe $9,000 when they stop paying.

He claimed that they had properties ready to sell to me and the 10K was to recover their costs on work that had already been done to prepare the property for me. 

. - You've got some pretty solid information above and concurrence that it shouldn't cost nearly as much as you thought, but on a separate note, I'd like to understand your situation a bit better.You are currently just looking for a Chicago property to purchase and asking the quit claim question in preparation for closing?