@Jeremiah Gavina  You can refinance as rate and term any time when you finish rehab. 

Hey Matt, Know it’s kInda late but how’s  the house hunting coming along?

I figured on about 20 to 25 days start to finish .  

@Matt GuignonIRA Services Trust Company is very reputable, charge low fees and have been in business since the late 70s.

I was educationally ready to invest by late last year, but without the capital to invest in a manner I was comfortable with. 

I was wondering if anyone has been finding any good deals on multi family buildings in the Chicagoland area lately?

If they were built in the late 70's, I'm assuming no.

I never pay for labor up front, I will pay for materials (but only by calling the supply house and paying directly).I pay 25% of labor when 50% of the job is completed and the rest after the job is totally finished, inspected, all permits are closed, etc.

I know you mentioned potentially a larger security deposit or paying six months rent upfront, but I have a feeling holding her to different standards than other tenants might cause you some issues based on information I have studied (I haven't finished the course for my real estate license yet and I'm no expert or attorney), but better safe than sorry!  

Also, how do you deal with the management company who ignored my requests until it was to late?