It seems most people still willing to invest in the current market are speculating on appreciation being their money maker instead of cash flow.FYI - check out the following thread where a lot of DC Metro BP members have stopped in and intro'd themselves.

unless its a local commercial bank were you can get to the asset manager.. this is universally a waste of time as you will never get to a decision maker if its a national bank or asset manager. they have protocol they go through

We actually own and operate a high-end luxury home cleaning business.We hired professional cleaners upon move-out & also had the carpets professionally cleaned at 6 months living there and again upon move-out and used proper chemicals and a professional power washer to clean any oil stains from the driveway we may have caused with our old work vehicle.Our landlord charged us the following odd, ridiculous charges:$3.33 To empty out the ice from the freezer ice maker $1.08 To screw a lightbulb in the bathroom vanity$30.00 To remove a nice black metal paper towel holder we had put in the kitchen cabinet$6.67 To fill and paint a tiny minuscule hole barely visible to the naked eye in the kitchen pantry door$3.00 For a smoke detector battery$3.33 To remove a small piece of duct tape from a wall switch in the kitchen we had placed there because every time someone flipped the switch accidentally it would turn the dishwasher off.

Maker sure to share all of your experiences to date so that others can learn from them!

Think about it for a second.There is a dump of 20 mobile houses to low income tenants many being transient and trouble makers.

Hi all,preface: I work in the film industry in LA.

I come from a family of generations of bad financial decision makers.  

You can also structure it as a hypothecation and assign servicing, this allows you to collect payments from the maker of the secured obligation, again, without having to assign the note to you with an obligation to sell or assign the note back at the end of your rights to payments.

Just by looking at the property I would factor in a bit more for the repair/make rent ready.

To echo what others have said, Chicago's money makers are in 2-4 flats.