Just a few things I'm curious about from your post:What's the buildings' total square footage?

More specifically, code section 16-18-070 seems to indicate that it may be possible to get this fee waived if the area meets the goals in the City Space Plan.There are many, many pages of reading material online about the plan, but we are trying to figure out how to tell if the goals for our area are being met.Property is pretty squarely between the actual parks of Wicker Park and Humboldt Park and close to the 606, so this may not be one of the areas of the city requiring additional green space.Basically, if there is a viable way (by meeting current criteria of the City Space Plan) we’d like to not pay the fee if we can supply the correct information.It is very challenging to decipher this and we get one shot at getting the fee waived.If it matters, we are taking an existing 2 flat and turning it into a 3 flat – allowed by area zoning and there are no changes to the footprint of the existing building.We still have more research to do but we couldn’t even find specific information on the progress of the plan’s goals and what areas meet the Open Space Requirements now.16-18-070 Individualized Assessment Of Impact.

We don't see any meaningful changes to our business model of value add acquisitions and re-positioning of large apt communities.1 ) Regulatory changes that impact RE ownership or advantages don't seem likely w a billionaire REI mogul in white house.2) Trump's platform seems focused on getting blue collar jobs back in U.S., increases in min wage laws more favor our apt resident base.3) We are watching it rates more w talks of fiscal stimulus but it's more of a wait n see.We continue to focus on the fundametals.

Also, make sure that the loan you pull off your home is FIXED, because there are some options that the loan can be adjustable.The value add option would be an example of adding to the existing home (more square feet, or a mother-in-law’s quarters).

What square footage do you want; any tenants that you will or will not accept; what lease terms will you accept; do you require credit tenants and corporate guarantees; what is your going-in, hold period and terminal cap rate target; what are your target demographics (HH $, Crime, MSA, zip code); debt/equity/reserve structure?  

Her response was the seller gave her the square footage.

Looking for a new contractor to renovate a property in Seminole heights.  880 Square feet with additional structure on property that could potential be made into mother in law suite.  

Hi Igor,Are you only considering active investing or since your ultimate goal is passive income, have you looked at syndication from a standpoint of investing in one and learning how the experts do it before jumping into something w/a lot of money and no experience?  

Hi all - I am about to close on a 4 unit in Washington DC.

The space is small about 900 square feet, they pay their own electric/ heat.