This house had a massive $98,000 Medicaid lien in place that we actually negotiated with the sate .

You can get great return - 1% deals or massive appreciation in many of the areas.

Chicago is a massive area to cover and many agents only cover a certain region. 

That project looks massive and should have a big impact on the area. 

That will be a massive clean up and most likely some broken things.

Will be super hard to cash flow without a massive down payment.

My question is this: am I better off just doing an end of lease with this person with a 30-60 day move out time (I’m waiting until around march to do anything.. too many ways in the winter that this person could try to sue me for a convenient slip and fall or do massive damage to my property by “forgetting” to fill the furnace).

Myers FL, told me to “Take massive action” and provided an opportunity for me to invest with them.

@Daniel Villanueva You can definitely start with MF and it doesn’t have to be a massive 200 unit property to start.

This info could help give you an advantage if you are interested or already investing in the Charlotte market.Below is a link to the new City of Charlotte Unified Development Ordinance going into effect on 1 Jun 2023.https://charlotteudo.org/wp-co...Why should you care about this...1) You can build up to a triplex in any residential zoning area or quadplex if the property faces an arterial road2) You can build an Additional Dwelling Unit up to 50% of the square footage of the primary residence if it is separate or 40% if attached3) You can build additional units to the next highest zoning density provided you designate them as affordable livingThis is a massive document, over 640 pages but have no fear I have provided links to the parts that most investors would care about below.Uses "of right" - https://charlotteudo.org/wp-content/uploads/2022/08/CLT-UDO-Adopted-08_22_22.pdf#page=250ADU requirements - https://charlotteudo.org/wp-content/uploads/2022/08/CLT-UDO-Adopted-08_22_22.pdf#page=299Bonus units for affordable housing being built - https://charlotteudo.org/wp-content/uploads/2022/08/CLT-UDO-Adopted-08_22_22.pdf#page=81Shoutout to @Christopher Aranguren for making the links to the direct pages.