The exemption does not currently apply to 4-plexes either, and I really doubt that that's going to change...  

However, the two strategies can be combined and applied together by buying a distressed property and living in one unit while fixing the rest.

Hello BP family, just a quick question.I listened to a podcast in the past month or so where a guest came on a was explaining his his real estate business and how he also had his own construction company involved.

They typically involve a requirement of a specific minimum credit score, maximum income, maximum purchase price, maximum debt to income ratio, and a requirement to take homebuyer class. 

Whatever you are willing to do, there is a way to get involved.

Has anyone here applied for the property tax abatement and can shed some light on the process?

For leases, use your standard lease and just adjust the parts that apply so it works for a garage storage unit.

It also must be coordinated with your Real Estate attorney since we leases are involved. 

Your number will probably be different.2) Apply that to your current cash flow model, and combine it with some negative outcomes.

Hey guys, I am from the Chicago suburbs area and I am involved in general contracting!