So I had a unique situation last night in the fact she pocket dialed me and I do whole conversation with somebody else and did not know I was on the line.

Regarding taking a 401k loan: You would have to confirm that your 401k plan allows for a 401k participant loan (and that you have not had an outstanding loan in the last 12 months).If yes, you can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

Chicago is an awesome city but as @Crystal Smith mentioned, it has 77 neighborhoods and each one is a bit unique so you'll definitely want to do your homework.

This is a concern with several of the electronic payment services..... they don't allow you to block someone or block partial payments etc.I don't use pay pal for rent, but i'm interested to see if you find a solution, since its not unique to PP alone

I know the FHA guidelines say "gifts are not repayable" but wasn't sure if an equity split would be allowed.Thanks!

On one hand, it would save money to replace it, I’m keeping a rare piece of history, and I’m creating a fairly unique kitchen.

@Ricky Cassidy - I'm not aware that Anne Arundel has unique requirements within MD Code. 

If you go to the link below and go to page 10 of the PDF, HUD regulations make it clear that the "gift" has to be a true gift and there can be no expectation of repayment (i.e., making a private loan). 

There are unique requirements for different concepts from mechanical systems, to handle the kitchen equipment, hoods, water heaters etc.

Each neighborhood has its own unique features, pros and cons and whether something is a "pro" or "con" is more subjective than objective depending on each investor.