How do I find reliable stand up contractors that I can trust in the city of Chicago.

I often see properties that I think have great potential and could stand to take an offer significantly below what they're asking, but I suppose I'm never really sure how much lower you can go.

from a financial point of view you stand to make more if you hold onto it but I speak with owners every day that feel the way you do.

@Arlen ChouI fully intend to pull whatever permits are necessary, as intend to sale the place one day and that bathroom will be vital to the resale, as it's a 2/1 as it stands.

Ronald, we have purchased a couple with damp and musty basements, but not consistent standing water.

From an investment stand point you want to keep your investment at 100% so it can always bring you appreciation and rising rents.

It's okay to play and not score, at least you aren't in the stands anymore being just a fan.

It's very hard to sustain that over and again in a heated market.If brokers/agents do not want to work for peanuts then increase your skill and knowledge level to stand out from the herd and work on larger deals.I have never understood WHY investors buying junker houses expect brokers/agents to get all excited about submitting 50 low ball offers and becoming the laughing stock of your profession to make one sale of 1,500 commission.

Also, here's an article I wrote on how to stand out as a wholesaler - might be helpful as you get going: http://beta.biggerpockets.com/blogs/4430/blog_posts/32194-attention-wholesalers-2-ways-to-stand-out-from-your-competition

If you have long-standing tenants (good relationships with them), and few maintenance issues, I would try to manage from afar.HOWEVER, before relocating, I would also shop for property managers to see if there is anyone you like, in case the new job/new city demand more than you think they will.