They also run the risks of high levels of regulatory pressure and litigation by virtue of their renting to legal wards who have access to free lawyers and zealous bureaucrats who see independent investors as a crop to be harvested.

I also offer STR data for the NW region. 

We always are looking for more help answering questions here in the forums, so anytime you can jump in and offer advice, we'd love it!

Has anyone found a local bank in the Chicagoland area that offers a loan like this?

We did not get a property under contract in the 90 days, however, we did submit offers in the first 90 days that were not accepted (mainly issues with price).

Due to this, my rent could legally be raised, or at least is in a gray-enough area that I wouldn't want to raise the legality as an issue.I am considering leaving my apartment and landlord at the end of my lease, and moving to an identical non-hotel apartment in the same building.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

There's the down payment, the closing costs AND the delta between what's left on the loan and their offered price.AND don't forget the time involved to assume the loan.

In most cases if you have someone offer to be in and out in 60 days on a 4500 sq ft build "RUN".  60 days is a rush job in my opinion.

Only B classAll properties on our website are sold and are just examples of what we can offer.