Would love to connect in the near future and hear how your first flip went! 

One appraised last year for 100k.

I've found that great things happen when people talk and I'd love for us to stay connected.

Your total project cost is only ~ $143k. 3c) Your interest rate is probably going to be in the low to mid 7s, at least4) All states/areas are different, but I usually see with my CFO clients that their property taxes are higher than their insurance, with taxes often 1.5x higher than insurance.5) Lastly, I saw PM fee of 8%, are you paying someone else to manage this?

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

Best of luck on your journey, feel free to connect if you have any questions

What are the comps selling for (last 3-6 months)in the neighborhood?

I own several investment properties in Dallas, and have tons of great connections that will help you get started.

Would greatly appreciate advise on how to start sourcing the land and/or connect me to land brokers who can help.Thank you in advance!

Would be glad to connect and see if I can be of assistance!