We figured that we had about 90% of the US population covered with the current states, so we decided to roll out, but @Craig Curelop is doing a great job at finding more lawyers, and of course the team here is all working together to make sure that quality is maintained for each new state.

Not only does BP have free informative forums for you to learn and comment on, it also has free online courses, guides, and success stories from other real estate investors!

Also, do YOU show the apartment to prospective tenants while the current tenants are living there (with proper notice of course)?

The downside to them is that they would not get to participate in the overall profit of the project if it all goes well, but of course they also have less risk than everyone else.If they want in as equity investors, you should consider an LLC or a Limited Partnership (with the LLC as the general partner). 

The subject property is located just 3 blocks from stoney island and near the Jackson Park golf course.

You need to fit within Fannie and Freddie's standards in order to apply for conventional mortgages.

How'd you resolve this and get business back to usual, and what would you recommend someone in my shoes should be looking at as a best course of action?

I have have also heard good things about Vibrant.All this, of course, depends on your financial state,  experience and and the deal.

I have even analyzed and toured a lot of deals but have not found anything that fit with my criteria.

I have even analyzed and toured a lot of deals but have not found anything that fit with my criteria.