After contacting several lenders on the site about their advertised 100% JV funding I got some call backs however Red flags started to appear as upfront fees and lack of referrals.Can anyone refer me to a trusted source to get a deal done residential rehab of two chicsgo sfh aquisition/rehab amount 1.2 million arv 2.5?

Apparently there are 15.3 Million of them and only 2% is control by large companies.  

However is this an area you think attracts young professionals?

Cashflow is attractive though and great price it's a bit older though is the property in good standing also 

The price difference seems so attractive though, I'm thinking maybe there is a way to find Chinese manufacturers, who will build a house according to US building codes.

do you think this would attract that type of tenant who is possibly selling drugs or doing other illegal things?

Many agents are attracted to Keller Williams however there are many other great firms in your area.Although I've been a broker for 25 years, I never use to acquire or sell my own properties.You'd do well to decide if you wish to represent retain sellers or work with PRO's like investors and lenders.

As is often mentioned as your first step in protecting your assets, get a nice umbrella policy, just don't expect that your insurance company won't try to weasel out of it via section 2,  paragraph 7. clause 15 when that two million dollar slip and fall comes down the pipe .  

There are deals in the market but you can't mess around.To give you an idea I have clients that are individual people with net worth up to 70 million for one person.

The idea of passive income every month is attractive, while also providing housing for others in terms of value.