I'll just reiterate the same thing I always say: check your local jurisdiction.

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

Since it was over 12 months with my HML, I ended up taking the property under my name with a 30-year conventional loan.

I'm a local realtor and investor, so I’d love to help you find the right property and navigate the market.

House hacking locally is typically going to be the least risky way to get started, even if it is more expensive of a property.

All of which nothing will help him because the loan is still in his name. 

I will leverage every asset in my name to make this happen.

@Diana Mulvihill A lot will depend on your local market and competition.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

@Allie McAlister I'm looking to stay local to begin with.