There are numerous small local developers on BP that may be willing to partner.  

@Justin G. mentioned the most common economic structure, but there's no right way, and that's just one element to a structure. 

Investors I know, who have purchased single-family homes in the area, are thrilled.Here are the deets:By Randyl DrummerCoStar NewsAugust 12, 2021Facebook plans to build its first Arizona data center in an $800 million project in Mesa, Arizona, that underscores the growing popularity of the greater Phoenix area as a technology hub.The 960,000-square-foot facility is expected to support 100 permanent jobs and up to 1,500 construction jobs to build what the technology company said will be "an important part of the global infrastructure" that brings Facebook apps, including the hugely popular Instagram and WhatsApp, to billions of people around the world....Facebook paid $123.2 million for roughly 360 acres to build the center at the southeast corner of South Ellsworth Street and Elliot Road east of Loop 202 in Mesa, which is 18 miles southeast of downtown Phoenix, according to CoStar and public sale documents.The company said it considered numerous sites over several years before deciding on Mesa.

TIP:  If you a negotiating an insurance settlement and the Insurance Adjuster refuses to pay for electrical, HVAC or re-piping due to a fire, you may wish to hire a Professional Engineer(s) to inspect the property and render an opinion as to whether the electrical, HVAC or plumbing need to be replaced.Thursday - Meeting with GC to discuss start of renovation work and status of bids received by GC for various elements of the work.

While statutes vary widely between states, the basic element here is that you, as a payor, are considered a “volunteer” meaning, you paid a decedent’s secured debt without having any apparent claim or legal standing. 

Making an all-cash offer simply means making an offer using cash in a transaction that carries no element of risk in it from a bank that might choose not to lend.

@Moaaz MalikAirBnB, Vrbo, and numerous platforms are available for listing your property.

Outside of looking at structural elements of a house, it seems that there may not be too many issues to consider? 

I started out reading Rich Dad Poor Dad, Cashflow Quadrant, the book on rental property investing, as well as listening to numerous BiggerPockets podcasts and YouTube videos.

Specifically in Chicago, any advice on which types of rehab elements an investor in multi-family properties should focus on or give more weight to when deciding how to rehab a multi-family property?