The pressure to turn Illinois into a bastion of "progressive" liberalism is overwhelming.

This could be a great way to mitigate those risks and then progress to a Single Family, then small multi-family & then commercial.Ultimately, starting out with a condo as an investment can be a great way to start your journey as a Real Estate investor.  

I'd be interested in hearing your progress with the search. 

Update me on your progress.

@Brandon YokoyaNo, the HUD consultant is essentially the inspector on the project, that:1) helps you identify the work that needs to be done to get the house code/FHA compliant, as well as helps you come up with a scope of work for what you would like to do to the property and how it compares to your available budget based on your approval/comps/etc. 2) inspects the contractors progress throughout the project and report back to the bank what’s been completed, by line item, to release draw payments to the contractor during the project.

Just look at a country like south korea, 50 years ago is still in the middle of civil war but now the country is progressed so much due to tech industry.

If this house is closing soon you can show a work in progress invoice and buyer and realtor are usually ok with it.

I currently have a new build in progress that has gone up significantly and would like to use this strategy.

Check-in with the assessor.6) Geographical Features – Think Mountains and Oceans, but let’s include human-made features like train tracks, airports, and smelly factories.7) Cost of Living – Needs to be affordable to make the numbers work, and if provides a buffer for future growth.8) Local News – What is the economic buzz that will fuel the path of progress.9) Local Government – Strong leadership from the local government is attractive to corporations, which means that job growth will continue.10) Whether You Have an Unfair Advantage – Did you live there?

I love your progression of YouTube -> Constractors -> decision.