Title Companies have to obey the federal laws as they relate to the preparation of the Buyer's CDs (Closing Disclosures) and ALTA Master Closing Statements and in Illinois, the title company must and will complete both statements.In my career, I've been to numerous closings where the Buyer and Seller, and their attorneys, want to do some "creative financing" with the figures at closing, but if the title company believes it's a "Respa" violation or violation of disclosure rules, the title company will not participate in it.  

I realize it is an enormous project, and there are a lot of elements that need to be considered, but I would love any input to get me going in the right direction.

Sometimes it's ambiguous, but even then, why should I bother with the company that has numerous unresolved lawsuits, versus another company that is virtually the same but has none.

Found another 4-plex with good/great numbers (>$200/unit CF) which I am now under contract and moving fwd with inspections and a lengthy close secondary to seller (as you read further, should I consider getting out of this contract - only $500 in earnest).Have always dreamed of owning the apt complex my single mom and I spent a few years in growing up (yes, there's an emotional element here).

But it's best to learn how to run numbers manually on your own so fully understand the formulas and why each element is important.

It was very stressful as the Seller reiterated over and over that we needed to close in 30 days - Ultimately, I believe we did it in about 30 days all things considered.While going through the inspection, the Inspector noted that there were structural issues -*For those starting out, if you encounter this I would strongly recommend that you stay away from this type of issue unless you're very educated on how to resolve these issues cheaply and timely*We budgeted another $20k into the 203k loan to resolve these issues and proceeded to close...Our Consultant recommended a Contractor that he had worked with numerous times using the 203k loan and we honestly could not find someone that wanted to charge a reasonable price and work with the 203k loan so I spoke with the referred Contractor and accepted his bid.Note: While you should take referrals into consideration, I would strongly recommend that you shop your Contractor in advance before putting a property under contract.

They are great, inexpensive, and offer a heating element, multiple flame colors and speeds with the click of a button on the remote and they look sexy in the living room or even master bedroom.

If a local bank doesn't help you, there are numerous brokers out there willing to lend on a distressed property and then, once the property is stabilized, do long term financing on it; all with no income verification and no prior track record.Best of luckStephanie

Or hardening rentals from the elements to decrease utility cost?

@Vante'e Keena with flipping there are numerous avenues.