That being said, this data combines several key areas around Boston proper to provide statistically relevant data; it is less likely for big swings from individual towns.

It's doable as a market to do what you want, but you must understand the block dynamics if you are going for Chicago proper.

Is it a good idea to evict this tenant when these are my circumstances? 

The biggest thing you need to know is if you offered $250,000 and the appraisal comes in at $240,000, you or the seller or both of you will have to come up with the $10K gap. this can be scary but making sure your realtor runs proper comps in the beginning can help save you from this!

Happy to connect and share some ideas. 

Trying to get an idea of total costs to get the sites setup.

If you are just getting out of high school, I don't know that a large DSCR loan seems like a good idea or possible, but maybe easier if you haven't built a ton of credit yet.

If you are new at new construction and have some ideas on what you want to do, like your plans/designs and what type of lifestyle you are willing to navigate.

The mess that we took over was substantial - no leases, little contact info, and no idea what the security deposits were.

However, it is never a bad idea to overestimate expenses and under estimate the final sales price.