I don't care if the entire region is flat, if there is family units moving (in or out) they need storage.

Tenants get behind and they cant catch up, and the PM makes excuses for a year before the investor realizes that MAYBE just maybe it was a screening issue, or pricing issue or whatever...

Yes, an assignment, you need to document the consideration and if you have a note servicer to let them know (or borrower) in writing, we can help prepare these documents for a flat fee.

I also use residentresearch.com for running paper applications.Thoroughly screen your tenants and don't settle for someone with a low credit score. 

Hello,  I purchased a legal 3 flat in Chicago (RS-3 currently zoned) that that we are gut rehabbing and are looking to convert the basement into a 4th unit. 

It goes down the method of flat rehab numbers for scale of rehab and house size.

Even that amount was labor intensive.With COVID, I would limit viewings to people who have applied and are pre-screened to qualify.

Make sure you'll do proper screening for potential tennant even though you're not completely protected from bad tennants.

I’m selling a 3-flat on north side of Chicago (that was making about $1300/month) and looking to 1031 into 2-3 properties that will generate cash flow of at least $3k+ month.

You can pay some agents a flat fee like $500 to 1% to just list it on the MLS and have it read "contact owner 123-456-7890".