Whats the purpose you are refinancing?

Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.

Adding value and sweat equity to the homes we occupied was the only way we could afford the bigger properties we needed.

There is a great group of us who invest in the NL area if your looking for some folks to connect with.Now to your question, you'll find rent prices vary quite a bit in NL depending on what area of NL, but I'd be happy to give you our averages.1, 2, 3 would average $1150, $1300 and $1500. 

I don't know the DLP side of the story but it appears as they are trying to force a sale that would wipe out the LP equity and investments. 

The top unit and rest of the townhouse is completely unliveable without renovation, the only liveable spaces are the two studio apartments that the tenants live in.

I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

The landlord is required to repair EVERYTHING!

Looking to understand the job and the day-to-day.

As the 3rd largest MSA in the country it's hard to generalize the Chicago market as it's actually over 100 different submarkets when counting the 78 communities in Chicago property and then adding in the various suburbs, including in and around Naperville.