This is the reason why it's not a big topic, since most ppl are using information from a sole user's perspective without too many moving pieces; data providers being on the flip side.  

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

Things also seem to have better valuations on the commercial side.

The "hot" markets are going to be really tough.Beyond that are the units outdated, exterior neglected, or some other deferred maintenance or management issues?

One down side to going to an LLC is that the county may notice that they are now rentals and may tax you more for the property.  

Also by looking into 5 units and above and going into the commercial loan side of things, will they have have document demands or do they mainly look at current rents coming in to the property?

I have heard there is a lot of red tape with the 203k process on the lending side.

I'm looking for recommendations for handymen who work on the North Side of the City of Chicago or in the Western Suburbs. 

The listing agent isnt sabotaging it, it just seems like you are not familiar with the REO market.First...the listing agent for an REO typically can not represent both sides of a deal, or collect the buy side of the commission as per their contract with the bank.

I'm looking for any advise offered on areas that are hot for rental incomes, good value for money, better local real estate agents to approach, etc.Also - i have a dilemma where i want to get pre-approved so when i do reach out to my Agent, i can tell them that i am pre-approved for X amount and they can they see whats on the market within my budget....