Hi @William Hochstedler, there is a 20 unit apartment for sale at 560 27th st at Odgen, do you know that neighborhood? 

Those are quite the impressive stats for a first year.  

Well this gives me hope for my examining skills because I thought the same things through the pictures about what needs to be done.

I believe that I can go back and find those stats though.

Our downtown area has had a huge revamp, we're one of the hottest destinations for college-educated millennials (which is great for the economy and future population growth), and our unemployment rate has been dropping steadily, https://data.bls.gov/timeseries/LAUMT0113820000000...One of our team members worked up a pretty comprehensive report with some great stats on this market, so anyone can feel free to reach out via DM and I'll shoot it over, or you can download it for free over at Keith Weinhold's awesome site, Get Rich Education: http://www.getricheducation.com/project/117-birmin...

The stats are Sellers price $49,000Square feet 960Tax Assessor value $10,842Rent estimate $550Im having a hard time figuring out a fair offer, as comps on this street range from 25k-52k  using zillow How would you proceed? 

Hi David- if the area you are looking has a realtors association you could check their website as it may contain some stats of interest.

Hi - Curious what source most use to validate rental rates in specific areas in Chicago...I have been using Trulia as like the overlay of the crime stats but since only really listing places for rent I am looking for other sites that might have better rental stats.  

If so, you can study the materials on your own and take the examination when you please without satisfying the hourly requirement.Sorry, I took an in person accelerated course in the winter months so I can't help you with online courses.

Like you said though, if they place a tenant with no rental history or who's guarantor family member has an unstable rental history, or if the required qualifications and investigations are sub-par, IE the PM didn't bother to investigate rental history beyond the applicant's current residence or didn't take into account that they just started a new job in a different industry making 3x what they previously did for the past 10 years - then those are reasons to be upset.But yet again, if a landlord has to take the time to deeply examine an applicant beyond the PM saying, "yes, the applicant meets our agreed-upon criteria and here is the backup", you are working with the wrong PM because that's a big part of what a PM does.