Hi everyone - Im actually looking for something very similar - a wholesaler or realtor with investment background to locate a property in need of rehab that we can house hack - live in and fix up while living there.

I'm a SFH wholesaler and I'm looking for some feedback on my analysis of a 6-unit multi-family building located in the western suburbs of Chicago.  

George Sykes, Broker with Worth Clark located on the Illinois side of St.

We looked at 4 or 5 this past weekend, and are considering buying a 4/2 in a good college location.

Association rep says I'd have to wait for it to go to Auction, but really would like to avoid the commissioner showing it for 3 weeks prior and having open house in the place where I live...So any thoughts on how to get in touch with the lender or lawyer maybe to see if they'd entertain an offer?

What's the location?

I prefer my buyers to leave money in escrow prior to even finding the property that way I can draft a contract that comes with a deposit already.

I have a few friends and relatives in mind that I'd like to present this opportunity to but want to have a good business plan prior to meeting with them.

Asking price: $245,000 - reasonable for the areaEstimated Monthly Rent under current leases: $2500.00 - on the low side of the range for the area but the tenant base is long term and stableAnnual Taxes: $5000Annual Insurance - Unknown/information requestedUtilities - Unknown/information requestedBuilding Owner pays for alarm monitoring,electric and water bills - have asked for monthly cost averages but do not have yet.Individual tenants pay their own internet and phoneDescription: 2400 sqft, brick building with a 10 space parking lot, good location Known upcoming repair is HVAC for the downstairs (est $5k), upstairs HVAC has already been replaced.Thank you for your time as well as your opinion on this deal, recommendations for additional questions, additional information etc. 

Brian Kolb - like Christina R. said, HUB City REIA is a good place to possibly locate a mentor.