The folks at VRBO can't seem to understand that. 

I understand there's potential variation, but from observation, whats being observed?

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

At 19, your friends may not understand your drive.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I just came across the idea, but don’t quite understand how it works or if it would be worth pursuing.

Do you understand the added complexity, work involved, and costs? 

I believe a large number of RAD investors didn't have a clear understanding of what their investment entailed.  

I understand the crime concerns, but why do you think traditional financing is risky?

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price