Look at Lots of properties to learn your market.

@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.

Also does anyone have any references for realtors in Chicago who are experienced in condos and rental properties?

Or are you buying it as investment property? 

What kind of properties are you looking for?

It doesn't feel right to take a monthly loss on an investment property but it could be worth it for the short term. 

I am a property owner myself and now the proud founder of RentWiseLA, a company dedicated to helping property owners navigate the complexities of the Section 8 program, especially when it comes to lease-ups and rent increases.Having spent years in the trenches, helping owners fill their vacant units with Section 8 families, I’ve always taken pride in educating property owners about the ins and outs of Section 8.

Opportunity to purchase from prior owner as is in run down condition How did you find this deal and how did you negotiate it?

I found out the previous owner had passed and had lived there many years.

The key is actually purchasing the goods or property in question, and not merely acting as a broker or agent.