City can end up causing you tons of pain in the end if they dont like it or allow it.

When they realize what a pain it is to sell a plex the traditional route, they will probably come back to ya.Concern #2 is buying with someone your not married to.  

However, it's a pain to serve a 3 day as it usually my scare tactic to shape up. better to do it than having to start the process over again.

.), just because they can be pains in the rear end.  

Often the addresses of administrators is different from the property of the deceased.Option 2:I have recently come across another method of acquiring data that would encompass a larger number of properties: those in probate but also those where someone has passed with a living trust or in a situation where there is joint ownership of a property. 

HOA fees take a lot out of the profit and not only that, they are a big pain to deal with when you have issues.

I am considering selling the lot if feasible and buying something which generates income in a 1031 exchange.My conversation with a realtor 10 years (during the Daley administration) ago gave me the impression there is a kind of a "gray area" and under a new mayor this can change.  

While the basement had certain pain in the @$$ attributes, in general I prefer a basement over not having one.All your plumbing, electrical, ductwork, etc. is exposed in the basement, which makes it much easier to work on.

Having said that, rents are also high as you approach Chicago city specifically, Chicago northside neighborhoods. 3) Corrupt and pro-tenant governments specially in the city of Chicago makes evictions painful and costlier vs. in other counties in Chicagoland (e.g., Dupage county is very pro-landlord!)

I closed on a LOC against my rental in Northeast PA in 2 weeks.Additionally, you can probably secure financing more quickly through small local banks who are not selling the loans out the FHA/Freddie/etc.