I'm a contractor, so I have a general sense of the costs for a rehab, but will be extremely vigilant when moving through the improvements.

Having a property in a trust has no effect on the impact on determinations or planned outcome of an area.Economic stimulus is generally offered or provided, funds to lower costs of improving properties in line with planned development.

Hey Logan, you seem to be new to the game and have a lot of energy so we won't crucify you too hard.

It isn't efficient at all.

Second: Any specific strategies that make the process more efficient?

I have outlined a couple belowThe more I get into this the more numbers I have to dig up and project going forward.Background Information· Purchased 2003: 250,000 (no down payment)· Refi 2006 timeframe (money out for improvements)· Refi 2009 (to avoid drastic increase in payment and rolled in prepayment penalties) I signed the papers so I have to live with itUnless it is absolutely necessary I would rather not discuss the above mistakes in great detail.

We have relied upon them to ensure we have all the necessary paperwork to improve our offers.

From what I gather from other investors, wholesaling and rehabbing takes a lot of time/energy to do "the right way".

Turnkey property, so assuming 5k in improvements, 4k in closing costs.

I do not know about Chicago's landlord and tenant laws but something isn't right if 7 months later the tenant is still there and hasn't paid anything.I would do an autopsy on my lease, how you started the eviction process and if it was completed correctly, how you handled the tenants first late payment, did the PM company screen the tenant per your instructions or could your tenant screening process be improved??