Alternative 1: That same amount of money could be used to buy and fix up a couple of brick bungalows in Chatham or Pill Hill, two of the most desirable neighborhoods in Chicago.

I have seen this done before on larger deals ($5M+) and in my medical opinion, even if it's legal, it often isn't honest. :-)The entire reason to provide a proof of funds to a seller is to credibly and authentically demonstrate your intrinsic ability to perform the financial obligations of the contract.

That's a lot of money to lose in one month...Reminds me of one of my wife's friends who had $286,000 missing from their medical practice & didn't realize it until the billing clerk went on extended sick leave.

They have 615 due to past medical expenses.

I own 3 duplexes in and around the medical center area (NW side of town) and only one of them has separately metered water.

Is your husband hopefully a specialty medical doctor or also a chiropractor?

I am actually going to be doing this myself but with some medical buildings Ive come across that are vacant.

My wife works in the medical field, and she used to volunteer around the community.

If I was to guess, I'd say the funds that do make it would wind up primarily in the medical corridor and the water front that we've been struggling to develop since our industry left the area.I think Mike is right when he says there is nothing to attract people.

Tenant agrees to not allow any personresiding on the premises, or any guest, or invitee to use controlled substances(including alcohol and prescription medications) in a manner that will eitherdisturb the peace and quiet enjoyment of other Tenants or neighbors adjacent tothe premises; or endanger the health, safety, or well being of Tenant or anyother person.GUESTS.