But from a legal liability standpoint and tax purposes, its your best option to file an LLC.Onward.sjw

They are telling the current owner that he can not apply because he bought the place and knew that it was a single at time of purpose but that as the buyers, we could argue for financial hardship because no one would buy a 5100 sq ft SFR.

Compared with multiple units, sfhs are easier to rent out and manage, at least that's my experiences.

I voted no because our purpose is the upkeep and maintenance of our common properties.

Could also do an FHA loan with similar terms and use a 203k for renovations but would need to live in for a year which I am not opposed to, would also need to refinance after 20% paid down to get rid of PMI on FHA loan.Monthly Rent: Simply compared to listings on Zillow which average $750/month.

Wages in Reno are low compared to home values.

Why don't you just get a general purpose loan?

Ask them if they can give you an average for a comparable building (same age, size, number of units).

I scrape my data directly from the county GIS server though, and it's basically the same data, although I have to figure out who's an absentee myself by comparing addresses (and the conventions like St vs Street aren't always consistent so it's harder than it sounds).You can probably just go to your local assessor's office and see if they can get you a spreadsheet.

Are there any Chicago Real Estate Agents willing to assist with comparables?