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We found a 4 plex + 1br cottage for sale by owner that we are interested in and after my initial conversation with the seller, I immediately thought his could potentially be a great opportunity to offer seller financing.

During that phone conversation, the HOA manager claimed the paper work they were waiting on had "just showed up". 😐 They said they were pulling permits that same day and by the end of week 9 we'd have a roof.

Dad isn't on lease- I am not going to support that behavior where a grown woman has her daddy involved.I plan on having a direct conversation with the three tenants on the lease to openly and responsibly address concerns.Here are my questions:In reviewing the deposit check, I noticed that her dad IS a joint on the checking account.

What does that conversation and/or process look like?

Conversation with HOA didn't go well.

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Would anyone have any advice or pointers on how to approach that conversation?

Despite email verification that it was not my bill, she did not remove it and it was going to be automatically paid from my account, as it was lumped together with the rent.Long story short, I ended up calling the head property manager for the company who owned the complex (essentially her boss), and emailed her the receipts of our conversation.

Question for Chicago area investors. Someone I know has a condo in North Center/Roscoe Village area, good street, nice 3 unit building. Estimated ARV 400k- 600k. It just so happens all 3 owners ready to move, one...