The rules and payment standards vary significantly from one area to another, so familiarizing yourself with the local housing authority's procedures is key.

While the cost can vary depending on the scope, zoning, and materials, I’ve seen similar projects run anywhere from $50,000 to $150,000, depending on factors like plumbing, electrical upgrades, and structural work.If you’d like, I can connect you with a few contractors or architects in Chicago who specialize in basement conversions.

Obviously this may vary by market but we would not accept partial payments as it does make things more challenging legally if you need to evict them.

I understand it varies from city to city.

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

It could vary of course depending on the defenses of the tenant and if the court is presently backlogged.

There are plenty of varying job opportunities in the real estate industry.Ask yourself: What skills do you have?

But your mileage may vary. 

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.