In my opinion they're really only good for when you're ready to hang up the spurs, and your inheritors don't want the hard assets, so you keep the deferment rolling until you get a stepped up basis at death. 

The idea of building a business and creating long-term wealth through real estate has been something that has felt out of reach until recently getting my real estate license in Arizona.

A good approach here might be to present them with a shared cost breakdown and show the direct consequences of disregarding the septic guidelines.

All in 225k-ish, rent $1700/mo ish, in a good neighborhood. 

Plus, the city’s growth in logistics is a good sign for rental demand.Excited to see where your journey takes you!

See here: https://www.biggerpockets.com/smarter A good place to start is with the free guides, such as "The Ultimate Beginner's Guide To Real Estate Investing".

Good for you.Where in Chicago are your buildings located?

Good day to you all! 

If the rent matched market prices it would be a good deal, what should I do here? 

What held me back were the details behind understanding the financing - both short term to acquire and long term to hold.