Now I'm not sure if this indicates some demand because I wouldn't expect to get MTR inquiry every single day.

They sent me a text message saying they will be moving out early next month that is good indication.

If tenant has complaint, point to the lease, that they agreed to this utility cost, and indicate they can terminate their tenancy at the end of the lease.Good luck

Quote from @John Underwood: First thing to do is check with the city or county to make sure the ADU would be permitted to be a STR.The municipality has an application process but initial indication is that it's not overly restrictive in the area I'm looking at. 

For some reason, I thought the former US steel site was near the Illinois / Indiana border, not downtown Chicago, but I must have been mistaken.Is the project going to be on the Chicago Riverwalk, as your picture indicates?

I'd love for that to happen, but I have not seen any indications of this development.

The cure is either (1) the wholesaler makes his offer without indicating a false property value to the homeowner or (2) the wholesaler explains why he is offering X amount by showing the profit a fix in flipper requires, his own profit requirement, and the resultant price range he can offer. 3.

If a lender isn’t responsive during the initial stages, I’ve learned that’s a strong indicator that it’ll be a painful process all the way to closing.

I would think there would be tons of people who would be looking for passive $ …without shelling out $20K … I know we have a large group of women in CA & several have indicated they want to do wholesaling and flipping and we will be looking for private lenders or silent partners for deals … the FB Group is SoCal women’s real estate investment team

Economic Factors: Are job growth, population influx, or other economic indicators a big part of your decision-making process?