Costar is exceptionally expensive as has been eluded to here a couple times. 

A DTI (Debt-to-Income) ratio of 50% or lower, when including all expenses you pay/month, would be safe IMHO.

The only down side of the area is that all types of properties are more expensive.

Expenses: 1.

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

If possible, not use an agent, to lower commission owed expense (not sure if this is possible in Chicago, IL).

It'll be more expensive than normal loans because it is mixed use. 

I was trying to do him a favor and he ended up being more expensive and making mistakes that cost me $2,700.

The property manager also never sent pictures of the unit or gave me a heads up on any of the expenses to turn the unit, so there is no possible confusion about obtaining consent.I’m interested to hear how others might handle this situation.

A good agent will shrink your learning curve and help you avoid potentially very expensive pitfalls.