And ideally, hire an agent who knows the city inside and out.

greetings e

As for your second scenario, your neighbor paying you out of pocket or filing a liability claim under their own personal auto policy would be ideal so you aren't paying the price in any way. 

Also schedule E to verify the info.

We have e-stoppel, lease, and last month rent.

Ideally you'll want to be cash flowing $100-$400 all in.

I bought a sfr last year that was a total gut rehab and had a construction loan on it and only had to pay interest for a year.I just found anther property with two single wide trailers and a house on it that are all fully remodeled this year.The bank I deal with said they would let me pay interest only payments for the first year.She can’t really understand why I would want to do that but my opinion is it’s more money in the bank for me which is needed since I’m just getting started.Anyone have any opinions on this?

. - it's a lengthy answer.Check out the city's main site that also links to supplemental content: https://www.chicago.gov/city/e...Also, here's a BP thread with some Chicago architects weighing in: https://www.biggerpockets.com/...

Ideally I’d be looking in Washington county on the west side if I could swing it. 

Eugene, I deal with a large number of room rentals.