Hey @Lee Burns - I might have a guy for you...Can you please provide us with a bit more background on your game plan and your understanding of how foreclosures and receiver's liens work in Chicago?

While no technical control rights due to FNMA requirements, the budget approval process gives Wellings “the power of the purse”@Evan Polaski was correct again in saying that we do not provide rescue capital and we definitely don’t raise pref equity to bail out our own troubled deals.

I'm also looking for STR insurance and having a hard time finding a company that will insure.

I hope this message finds you well. 

A year of management will cost you less than what you are about to lose with this one tenant.I dont want to reward her but I need to find a way to stop the bleeding… 

We needed a larger home for our family, that would be functional for multi-generational living with our kids and our parents.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.How did you find this deal and how did you negotiate it?

How did you find this deal and how did you negotiate it?

I will definitely check the regulations.I appreciate the info you provided!

Cold Calls - I find this extremely draining and it comes out when I do call.

If you would like a second look id be happy to provide quotes.