Interest rates need to drop a certain amount in order for a person to make a transaction right now.

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.  

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

I have no idea who I should reach out to for help, and I just do not understand how this person no longer responds to emails or returns phone calls.I hope someone can provide some guidance. 

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

If you truly have cashflow to spare I would personally look at the 15 year.

Hey @Mario Morales I assume you're planning to purchase the new property under your personal name rather than through an LLC?

It works I agree - the key is finding the right person to do it.

Apparently, the person I am under contract with was managing the estate of the actual owner who recently died.  

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.