Would love to form connections through this site !

Hey Bigger Pockets community,My family has been in commercial real estate development for years, and one recurring pain point we’ve constantly dealt with is unexpected site costs. 

Delays only create bigger problems.3.Start simple—cash flow is king.

Now that's flipped, which makes profitability on a simple rental much harder. 

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

lots can go into this somewhat simple question and most of it is personal preference.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?

It is really a simple answer but you know Chicago, why would they do anything that makes logical sense?! 

Simple, there is only one way to do this....First you need to get a solid ARV number.

I keep it simple, i do not allow pets.