Verifying last 2 years of rental history very important!

At the end of the day, the most important thing for a small real estate investor is how much cash do you have in your pocket at the end of the month.I also did a MS in Project Management at The George Washington University.  

In real estate investing, financing is as important as finding the right property.

It is very important to have a solid team and strategy in place, because you’re taking on a lot more risk than a typical rent ready purchase.

Aggressive pricing is necessary to achieve this, so it's important to ensure the property is realistically priced in line with market standards, which often is not necessarily what you're hoping to sell for. 

While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

You will learn what to do-and maybe more importantly, learn what to NOT DO.

In times like these, empathy and understanding are important.

Decide what is important to you and choose the custodian that offers it.