You understand the real estate laws and regulations. 

Real Estate agents are not needed to buy and sell property, there is no laws requiring the use of an agent (To answer you example in italics, yes I would contact the defendants lawyer to get information if my lawyer wasn't doing their job also, also because of disclosure of information in a legal case I wouldn't need to contact the other lawyer.) 

Lease Option laws are state by state.

Hi Mark,Not sure if you've found someone yet, but I've been very happy with Andrew Babnik of Babnik Law. 

Lawyers give opinions they don't decide law.

Keep your equity level low and you will not attract law suites.

It is good that you have a strict criteria for what you want.

I am looking to use a Quit Claim Deed and a Lawful property deed to claim the property.

It may seem annoying, but it'll be a hell of a lot less annoying then getting sued because your tenants fat father in law fell through the floor.

Even looking at the full side of the glass, it's getting harder to justify buying rentals in Chicago. This Alderman is going to present yet another tenant friendly regulation.There are a lot of reasons why this is ten...