A quality local RE Broker/Agent in tandem with a reliable contractors should be able to help you with full analysis of post rehab value.

They said they will not rezone as it is close to the city center.

@Irving Rivera As close as East Garfield park is to West Town, it appears a GREAT investment for the long hold.

You will save a lot more in expenses getting a traditional hard money loan and using your own funds for the downpayment and closing costs.

For example: $650k sales price with an assumable mortgage balance of $350k, the new borrower would require a down payment of $200k plus closings costs. - Seller carried financing or seller 'carry back.' 

Talk to your property and casualty agent for professional insurance advice.

I opened a business checking account, transferred money from my own credit union account and then was told the new business account was being closed and that the bank was holding my money for 60 days.

I now have an agent who is also an investor and he has a lot of contacts for me to use as well.Most STR PM’s also charge a lot.

Solid agent if there ever was one.

If you don't know how to find that, let us know what city/state you are in and we can try to help.You can't violate Fair Housing laws, but there's no law that says you have to keep chronic complainers.This is one more reason why you need to keep your rentals at market rates, or close to them.