We laid it out as a quasi studio on the second level. I

So as it relates at least to how I did business when I actually dealt at the street level.. is I had an opening line as Korny as it sounds..

When this happened, they ended up selling right around the 1-1.5 month mark, and selling for a price that I was happy with.I live in a split level, actually typing this from our playroom/office in the lowest level... I

They all pay cash.Yearly Utilities:Electric $2927 Gas $2823Water $1054Taxes $1423 Insurance $642Upper unit: 3 bedroom, $625 month to month (month to month lease) Entry level unit: 2 bedroom, $750 (month to month lease)Basement level unit : 1 bedroom, $600 (month to month lease)-basement level is the newest tenant; the others have been there for years.

Whether this is by design or because they are overwhelmed by their own success remains to be seen.HOWEVER, for those that have spoken to the company and felt that they were on the level, I would say follow your gut but be very sure you take responsibility for doing your own due diligence.

But at a high level, I would say your best bet to minimize your monthly cash burn would be to rent each room that you can spare.

From 1-10, it'd be a 1 experience level.    I

But with that said, data shows that the Chicago residential market at a macro level is doing well overall. 

My partner and I lived in the basement and rented out the main level. I

When speaking with the KP, you will need to know what their experience level is and balance sheet/net worth if they are signing on the loan.