Welcome, HelenI have a few cash buyers in IllinoisI reside in Wisconsin If you locate a property maybewe can co-wholesale it togetherTell me what side of Chicago (zip codes) and I will start marketing to a few of my Illinois buyers listFYI : I do not mess with MLS property that not already under contract and your mark up most be reasonablePrefer : 3 bedroom minimumFYI : try stay under 50 - 55% ARVex : 34,000 purchase + 16,000 rehab ----------------------------------------- = 50% 100,000 arvI do not mess with foundation / mold issues property or tear downsRegardless try to locate a title company who handles assignment contracts in Illinois (local) Good luck

Hi Joshua, Answers to many of your questions here can be found at the U.S.

Keeping wood piles away from your foundation and any wood siding etc from direct contact to soil will help.My primary residence had been neglected for years when I bought it with a leaking back addition and when I tore in for remodeling, the carpenter ants had destroyed everything.

I couldn't have asked for a better foundation for my own investing future.The lesson here is beyond numbers.

Originally posted by Paul Strauss: To all- if you can make sense of this single issue to your lib friends- you will shatter the foundations of their belief system, and you will begin to unwind their cloudy thinking.

I was lucky enough not to have a problem but I had some plumbing issues on my last property and the closer we followed the problems to the foundation the more I could picture the jack hammers and checks coming out to get at the pipes cemented in.I will be watching out for this in the future.

Oh, and Heritage foundation has just come up with some figures.

In the pictures I saw, for all of the development the electric service was fed underground, through the foundation walls, into the basement.

I don't care about doors hinges, but if every door in the house does not shut properly, I want to know if I have a foundation problem.

However, it has a brand new roof, solid foundation, new plumbing, electrical, and a space age oil heater.