Have you looked into the Indiana market, or are you do you exclusively invest in property in Chicago?

@Tyler Labelle - Reach out to @Natalie Kolodij, she's in your area, works exclusively with Real Estate Investors, and has a great virtual practice set up to make communication easy with her clients from across the country. 

Newspaper?

You will likely need to shop the Midwest for $50k SFR - I imagine you are also going to be doing some BRRRR (renovations) to hit those spreads you need.We invest exclusively in Tucson where a SFR is going to run you $100k ballpark in a lower income part of town and might need attention.We live in Scottsdale where cheaper parts of town that aren’t a war zone start around $200k.Arizona (Phoenix) isn’t the deal haven it was in the 80s and 90s, but there is some decent appreciation and nice stable renters here which we love.

The percentage of ownership there would become the tricky bit but I’d anticipate that we will either keep the new property as a rental in the further or roll that into a new property whereby he would get an exclusion for any gains for the property being the primary residence I will either roll the deferred gain into his next residence, a new residence, or then recognize the gain. 

I try to work exclusively with small local banks anyway, so that is not an issue, only problem is my preferred local lender doesn't cover that part of the state so I need to start with someone new. 

We provides best investment opportunities with good ROI and exclusive deals on off-plan from all the registered developers in U.A.E. to our premium clients.We also offer our services in Leasing and Reselling single units, apartments, villas, retail spaces, commercial offices, townhouses, holiday homes and towers, as well as investment tailored opportunities.

He said he doesn't want to be under contact because he doesn't want exclusivity.

For what I have seen online there is funding until Feb 28, and after that payments could be affected, but the info I found were from local newspapers.

It would be very easy for the police and/or newspapers to confirm that by just looking at the door.