Fire can do a lot of good things, it can cook your food, it can heat your home and your water for bathing, etc.

The side of real estate i'm really interested in is rental income properties, passive income would go nicely with what I currently do for work and would be nice to own a handful of units to sit on and possibly become a full time landlord overtime(I know, its always too good to be true.)However, the issue is that there's really no good multi-family properties around me for sale(I live in the chicago land/cook county for reference).

The inspection period or financing period where you should be able to walk and get your earnest money back if something is wrong with the property or you discover the seller is cooking the books doesn't really hold any weight anymore.

@Deniz Eker @Gina Cook  To answer your first question, the 19k that I pulled out after leaving 30% equity in the property meant that I recouped the cost of the rehab (12k) and then the rest (7k) could be considered as getting part of my down payment back on the property. 

I checked cook county assessor and treasurer's websites and it's odd enough that the PIN was classified as multi unit (code 211)  and then got changed to single family less than 999 sq (202) around 2019.My questions are:1.

I have a question....I own a duplex in San Francisco and a tenant caused a fire while cooking soup in one of the units.

Our county is on the smaller size compared to larger Metros, such as Cook County/Chicago, and is a rather straight forward process when you purchase a building with a Section 8 tenants in place.  

Hello BP Family,I have a potential house-hack deal cooking.

@Scott F. one incident, and there have been many, but one that sticks out in my mind is that we had a tenant in one side of a duplex that took out her hearing aids and was cooking on the stove, walked away and the grease started a fire.

I've been spooked personally by Cook County's tax assessment schedules and high property taxes, as well as crime in some of Chicago's outer areas.