Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.  

The borrower MUST receive something of value for the deed in lieu, agreeing not to foreclose immediately and giving the borrower time to reinstate, or providing a modification, is that something of value.I need to clarify that these notes are commercial and investment property, so do not have to comply with residential lending requirements.With a deed in lieu there is no foreclosure, judicial or non judicial.  

Most people here said the West side, I would agree for the most part.

Last but not least....A few members in replies have already mentioned why it makes sense to hold…….I very much appreciate ALL FEEDBACK, however I think it will be helpful to provide some added context as to why I am absolutely certain (and my CPA’s are convinced as well) on my decision to liquidate the entire portfolio and onceAs I educate clients on daily, income tax brackets as well as long term capital gain tax brackets in our country are more favorable right now than they've been at any point in the past 80 years.

My wife is from a country that does not allow lending or loans to acquire housing.

So we agreed to $170k.

A standard roof that use to cost $15,000 to replace, is now well over $30,000 to replace in many areas of the country. 

I agree with the above statements; I would join any local Facebook groups and connect with them on their experiences. 

Illinois is a great market, but I agree with most that it would be much easier if the investment were closer to you.

My uncle has agreed to allow me to use his system, employees and resources to build my own trailer park empire.