It's a gap in the market, and I'll bet you'd offer a tonne of value!

The other thought is, perhaps you can refinance your current properties, and then have some extra cash to invest in the next deal, or you could look for owner finance deals etc.

Is there an oversupply or just that the supply is there to meet the growing demand. 2) Between the two school district which is a better bet - Frenship or Cooper?

If I give a free month as incentive I am guaranteed the lose of $3500, if I take the gamble and not collect the deposit, I’m hedging my bet that the tenant wont trash the place, and therefore less likely to lose $3500 bucks. 

Gates already have monitored camera so that can be more refined. 

I want to buy a 3-4plex to house hack and hope to use FHA to purchase it due to the low down payment.I have a single family home that current has an FHA mortgage that I would need to refinance in order to get another FHA.

If you are able to purchase on cash terms you get with that 401K loan, you can then consider a Delayed Financing Exception refinance. 

I decided that I would refinance using the BRRR method and use this property as my first rental property.

I'm working to refine my property analysis spreadsheet and am having trouble figuring out what to estimate for water/sewer for the Chicago market. 

But then I refinance for $120,000 which would free up approximately $55,000 which is great, but then decrease my cash flow to only around $250/month after refinance.