Not going to comment on high or low because a lot of people underestimate the time and work that goes into a loan, underwriting, and tracking docs. etc.

Connecting with as many people can only help speed up your journey to where you want to end up.

In most markets people are seeing negative cash flow on house hacks. 

Hey @Lee Burns - I might have a guy for you...Can you please provide us with a bit more background on your game plan and your understanding of how foreclosures and receiver's liens work in Chicago?

Wanted input on how much might be involved here to remediate, and what range of costs I am looking at, I fully understand that once the drywall is cut open there might be who knows how much damage to the framing, insulation, and whether it is worth it to even get involved with this property.

@Account ClosedIf you are good at what you do the it should not really be a risk but cost of doing businessIf you are trying to do this remotely without seeing a property, having an understanding of value or repair costs then it’s not risk it’s just stupidity as you really are not wholesaling.

Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals?

Except the government bureaucracy and people's stubbornness, of course.We always report taxes for one specific year, and it changes from year to year.

Speaking with more people will help me on a fundamental level (I like to know things in and out).

I live in and invest in the Indianapolis Indiana and surrounding area and exploring the option of converting some 2 car detached garages into ADU's and just looking for feedback if people have done this is the past and it's  worth it.