Their value play strategy has been executed.

Electrical work has been nothing but pure joy to inspect, understand and execute.

Also, most Americans have a significant amount of their personal wealth attached to their primary residence.

Tough to say in this case you gotta know everything down to the dollar and also assess both your skill levels of executing the rehab and then deal with the sale.

They will be removed (paid off) when you execute the Option the buy....and the "owner" owns the property 100% from the time the sale agreement is signed. 

I have used American Modern for vacant property in central Indiana.

You will want to start with a cover letter then attach to a business plan that goes over at least the following:Mission Statement - including executive summary and financial overview.Business description - name and location of business, principal owners, legal structure, status and type, definition of products/services, major strengths and challenges, strategic goals and objectives.Operation Plan - location, physical facility, labor, suppliers.Market Analysis - industry trends, description of total market, target market, analysis of competition, production/services differentiation.Sales Strategy - Pricing policy, distribution, promotional efforts.Management Profile - personal history of key participants, duties and responsibilities of key participants, compensation, available resources.Financial Analysis - sartup costs, source and use of funds, capital equipment list, income statement projection, monthly cash flow projections and assumptions, balance sheet projections, personal financial statements, personal income tax returns.It all a numbers game - make sure you present your number truthfully and make sure you educate yourself on every aspect of the business.

As important as PM is, I actually think the people and process to estimate rehab costs and execute the rehab as the most critical.

Looking for some feedback on planned next steps and how best to execute on them.I currently have 2 rental properties and am looking to acquire a third through the HomeReady plan in Chicago as my first house-hack and first multifamily (2-3 flat).

I feel like I'm missing something important. your attorney has an escrow account let him handle the funds and execute the quitclaim after funds have cleared