This is actually not a unique scenario.

It also abides by the residential landlord-tenant ordinance, which if you use other leases is where a lot of things can be missed.So while I don't recommend using it without understanding it, it has been pre-vetted by attorneys so is actually a pretty good lease to use for anyone new or old (but specific to Chicago)

What d o you think stops you from making the first step into actually purchasing an investment?

@Maximillian Engram There are no downsides if you plan to actually focus on sales and invest.

Thank you for reaching out to me, I actually just sent you an email with my info if you wanted to have a phone call or possibly even meet up. 

i guess we can call that a correction. 

That said I haven't actually worked with them yet so I'll be following along as well to see if others have recommendations for investor-friendly CPAs in the area.

@Richard Ma   First it looks like in San Francisco your parent (who I guess owns the unit?)

We're trying to fix that problem so actual results reflect the will of the people.

If actual costs are higher then projected costs ( rise in material or labor cost), the GC may come back and ask for more money.