I'd like to understand @Devin James, from the domestic developer mind of things; If there stands a confusion, lack of comprehension on how to address housing compilation in a given region, city, MSA etc., why not look to Europe? 

Assuming that they aren't simply lucky in market timing, excessive in leverage, or excessively risky, why do you think that some companies and leaders ARE able to duplicate the ROI driving expertise and/or improve personal-business productivity in a way that allows scalability?

It can potentially be deductible as an ordinary or rental expense, an itemized deduction or simply non-deductible. 

I did not want to simply rely on one source so I figured there are people here that would be up-to-date if such a manner was so as well. 

Based on your post, it's probably best for you to simply not invest in Cook County for your own peace of mind.Sure, any tenant could stop paying rent and that risk is never zero.

I don' think anyone is suggesting that simply managing these 9 properties is enough.

However, building a relationship on a lack of disclosure or a lie isn't probably the best idea, let alone the ethics of the matter.Hope this helps.

Ha, hosts anywhere could apply this to their region simply by changing a few verbs and nouns.

I simply wanted to exit two deals to begin gaining credibility in the eyes of hard money lenders.

.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.