Here are the details:purchase price: $85k + $3k closing costs = $88k acquisitionrehab: $25kARV: $150kannual taxes: $6k (it's Cook county)After it's rehabbed, he says it will likely rent to a section 8 tenant for $1687/month.

They love to cook?

Why don't you just pick up the phone and ask them what their intentions are behind paying the full year upfront, this way they don't have time to cook up a story about it and you don't have to wonder about the what ifs.If they have two years legitimate tax returns and the income is verifiable than I personally don't see a big deal.

Another $20 gets criminal background; I am new to NTN so I can't speak to their results for criminal background, although they do say they are not instantaneous because they like to check the report for accuracy before sending it, but have always found WAY more info checking online court records for Cook, Kane, and Dupage counties.

Our property insurance went up 20% over last year, no claims, same credit score, because the whole state of Illinois rate went up due to bad weather, and then of course you've got Cook County property tax hikes... 

Still, we (my GF, dog an I) lived in a basement and could hear everything upstairs (kids running around, adults doin' adult things...) and smell everything (what are they cooking?!?

Luckily that unit only has gas for cooking and hot water.

Source of Income is a protective class in all of Cook County.

You become the custodian, trustee, administrator, chief cook, and bottle washer.I have an SD 401k plan that was set-up by my CPA using the prototype plan he uses at his firm.

Home cooking..