I'd be happy to help you with that and also run you through closing costs here in the city of Chicago as well.

However, I have a trustworthy and reputable private lender that is willing to fund my first few deals.

Biggest mistake I see investors/buyers in Denver or Colorado Springs make is that they get bogged down in finding the "best deal" and end up not buying at all.

They seemed to just rehash the WSJ article but put a more negative slant on it, and probably drew some info from the Real Deal article too.

What made you interested in investing in this type of deal?

While PP is likely higher than the Midwest we’re seeing loads of consistent appreciation and you can still find deals that cash flow $250-$300/unit after all expenses figured in.

The person who will lease the restaurant space would like for us to go in 50/50 on another opportunity once we figure out if the numbers will work on that deal.  

Again, I am trying to practice and run some numbers on potential investments and would like help since I am just starting to learn the games of real estate and underwriting deals.

There are a couple of deals some folks might want to take advantage of - Black+Decker 12 cup coffee maker - $10 - https://www.amazon.com/gp/product/B0C8B9V7HR/ref=sw_img_1We had this one in the lakehouse.

Even if it was a registered charity there's going to be folks paying with failed exchanges, lost money or both.Even their google listing shows "Permanently closed".No - Just...No!!!