In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.

Properties below this threshold present additional risks and more limited borrowing options.7.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

With some additions, this would qualify for the OMG category, but I think they didn't have that category back then when it was on the market.

Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.

Additionally, I’d appreciate advice on pricing.

Here are a few additional strategies that might help mitigate risk if you decide to rent the property:Hire a Strong Property Management Company: While you’ve already spoken with some PMs, consider finding one with extensive experience managing single-family rentals in Cook County specifically.

Additionally, you want to start building your "Core 4": agent, GC, lender, and PM. 

I’m involved in a private LLC that owns land in which we are asked to provide additional $ for property taxes every year.