Sewer issues in Chicago are very common which is why I ALWAYS recommend / almost require my clients to get them done + if there's trees in front or in the back of a property, there will almost always be plumbing issues + needed rodding. 

I want to answer so it benefits this Thread.first most of what Morris is selling is D class not C class its bottom of the barrel hood rat properties.SEcond that tenant class .. is renting for the cheapest rent in the US ..these folks are a flat tire away from not paying rent.when you rent for 600 .. its common to put them into the unit with only 2X the rent If they even check qualification and from what I am hearing in feedback they don't do that PM is weak at best.so here you are your making 1,200 a month and have 600 rent.. that leaves 150 a week to live on.so do the math .. very difficult for these folks to maintain   continuity to their life.. and lets say they get in with 3X rent.. that's 1,800  a month minus taxs say 1,500 car utls food etc.. you can see what tight wire they are at.Take  B or A class renter at 3X rent... rents 1,200  3X verifiable is 3600 a month ... leave 2,400 a month to live on .. not 600 or not 900...

Cash for keys is common, and frequently the part that keeps tenants from moving forward is not having an affordable place to go to.

I think development is getting more and more common since we're so undersupplied in housing. 

These programs very commonly involve restrictions and conditions on use, refinance, or resale of the property. 

Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.

My advice is good advice, but it's common that most people new to wholesaling still think they are going to make a mil in a year and only want to hear the good stuff.

Each bedroom shouldn't need to go through the common area to exit the building4.

I am for sure shifting my focus back to looking at properties in Rockland,Orange or Putnam as it seems to be the common census.

On the house hack, you can divide common expenses by square footage or bedrooms, whichever is more advantageous.