You will generally see this one REO's where they have no history of the property and aren't going to do the research to find out. 

Obviously you aren't allowed to throw it out there unless asked. 

Andrew,There are many lenders in Chicagoland that will lend you up to 80% of the purchase price after purchase, given that you aren't taking any cash out.

The assumption that most have made here is that the payments aren't current.

Hot markets aren't necessarily a bad thing and you can find the deals just takes a little more networking.

I know bad tenants aren't limited to just low income properties but you may encounter more.

If I'm posting things that aren't allowed on BiggerPockets, it's because I'm not aware of what exactly you're trying to excise.

@James DeRoestIf you can't absorb the time or the $40 to process  an application then you ain't got much of a business and a charity would be letting the house rent-free.On that note why don't we charge job applicants the cost of setting up and running their interview - after all it's the cost of running a job and most employers aren't charities either.Aside from that the last thing I need is some disgruntled applicant lobbing a brick through a  window in my property because they've had their money kept and been jerked off by some anodyne rejection letter.

I'm looking for groups to network with that aren't predominately geared towards complete newbies or that are basically centered around a sales pitch.

@Brian Gibbons   ...aren't you over there?