(Wifey and I have been doing BRRRR for a few yrs prior to this, so it was a natural fit to do that within the SDIRA LLC.)The SDIRA LLC helped me turn around the situation where we would have previously watched the AL expenses rapidly burn through their cash. 

seems that Chicago has some of that going around the Equity build charges by the SEC sound similar in nature.. that's one tough city to operate in..

If you’re working a summer type job, I’d challenge you to go get another job.

  ;)I learned early on never to rely on what a challenging tenant says they are going to do, but what they actually do.

What are the rents like, and did you face any major challenges that were unique to the region?

The nature of all seller finance deals is the solution of the sellers problem in some way other than cash or traditional financing. 

Basically saying only MOTHER NATURE knows what will happen when it comes to flooding and just because a property is in or out of a floodplain or more likely flood map doesn't mean that the property could never flood.

The challenge is that even if the product is new, at a 4 family it trades on comps, which will be difficult. 

The biggest challenge and expense is tenent turnovers.

Finding an investor friendly real estate agent has been the biggest challenge so far.So far every time I look at a foreclosure my agent does everything in her power to keep me from looking at it.