It boils a pot of water in about a minuet. 

Really good contractors is the pot of gold at the end of the Lucky Charms rainbow you see on their cereal box.

If you keep working to pay it off, and use whatever rent you get to pay it off, and then once that is done save up another $30k to put down on another house, you are going to be constantly running to catch returns until such point as you are too old to keep working to put your own money into the pot.

Originally posted by @Amy Veldkamp:The house is located in Steger, IL on the Cook County side not Will

I'm mainly in Chicago and Cook County suburbs - I have about 3-7 properties that either need a partial rehab for rent or full rehab for flip at any given time. 

I operate in Cook County (Crook County) after all!!

Should I let the current offer cook a little longer and see if I get any bites?

If you can somehow sweet the pot, I can make an exception.We recently past on a deal where you could obtain 75% LTV at purchase.

Or are you making enough in net revenue that you quickly build up the pot to have the next round of capital for the next property? 

If you need $3500 and you don't think another business person would pay that, try sweetening the pot by signing him on a lease option $3500/mo with a $500/mo credit if he decides to buy after a year or two??