Chicago is losing housing stock at an alarming rate. 

I was looking at procuring the flooring from Costco for around $2/sqft and having a local installer put it in, but I should check HD and Lowe's to see what the comparable rates would be.

High interest rates are deal killers IMHO.

Some areas are more expensive than others but those usually tend to have higher appreciation rates. 

.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

While I know Brandon and his team has experience, the going in cap rate is very low for MHP (I was told mid single digit).

enjoy!

I'd recommend newbies get 2-3 estimates for each product from different contractor (hopefully ones that come referred or at the very least highly rated on a platform like here or Angie's list).

The greater the differential in interest rates between the interest rate of the loan on the subject property and the prevailing current interest rates between the greater the probability that the lender will accelerate the note.  

Just be sure to factor in interest rates and fees when running your numbers.Know Your Numbers – Accurately estimate rehab costs, holding costs, and selling expenses.