Most People with money want all the gains and non of the risk.

Other western suburbs within 30min of downers grove, non-cook county to keep taxes low3.

I know in my market getting conventional or FHA financing on a property with multiple residential buildings on it can be tough because a lot of banks consider is non confirming or essentially there are little to no comps to use as a comparison. 

Have a contract written to let you out Incase of non-performance, but to expect reperations isn't realistic, especially on small residential projects.And yes you should care if you annoy the contractor.

If the fees are outrageous vs the return, see if they can immediately move it to a non-FA account, which might save a little $ and will buy you time until you figure out what future retirement account custodian to use (if that's your plan, obviously).Regarding Medicaid, your goal should be to avoid Medicaid at all costs. 

@Taylor Chiu - Since you are in UT, Zions Bank is currently offering a Home Equity Credit Line (HECL) that goes as high as 85% LTV on non-owner-occupied investment property.

Otherwise you'll be in the same situation that the people you are buying from are in.It takes a special skillset to take a non performing rental and make it profitable.

Even if the fund bought assets in non opportunity zones, the tax benefits would apply to said company and it's long-term holdings. 

The awesome thing about it compared to my typical rental is that my repair calls were non-existent and/or covered by warranty. 

@Nicolas Da SilvaTell us the cash flow with the debt service and without, and then what the cash flow would be with the PMI.BTW, you called this a legal duplex, but did not call it a legal non-conforming triplex.