@Mike Cumbie The "life of offer" of my offer has a little more than 24 hours left...Thank you for your thoughts on this one Mike!

This would be an off market transaction, no local agents involved, but still full due diligence for inspections and appraisal. 10% down, 700 +/- credit scores, and good DTI.What's the feasibility of me loaning her the balance of the loan after downpayment, creating a note, and then once it has a three or six month history of performance selling that note?

.-  Family friendly and decent schools- Within 1 hour of a really good children's hospital and an even closer decent ER.- Within 1 hour of an airport- Low taxes!! 

I have a three unit in Irving Park close to the blue line and a four unit up in Edgewater. 

My background - I was born and raised in the west suburbs of Chicago, before heading a few hours south to Champaign for college. 

A “company” that wastes their marketing dollars mailing to houses where title transferred in the last three months and that appear to be active construction sites isn’t one I could see myself sitting down with.

However, if you only live 1 or 2 hours drive from the property, try to still manage it yourself so you can pocket the management fees.

I have been doing Airbnb solely for 2 1/2 years an a SFH and even with internet connected lock and camera, maid service, auto price online service; I still have to spend 3 to 4 hours a week at the house checking condition, replacing supplies, and doing minor repairs.  

Out-of-state could mean an hour or 5 hour drive depending on where you live.

This is to say that my 4 year investment yielded net 224K, approx. 56k per year...I did a lot of improvement works on the house: new floors on two of the three floors, tore down a wall down, completely rehabbed the basement, added a bathroom, put in a new kitchen, replaced some appliances and many other cosmetic jobs which were costly but I did myself with the help of my father and the occasional local handyman.