I have been nervous about meeting the required time frames if a loan under writer wasn't able to recognize the urgency or possibly create contingencies which change the deal.Thank you!

@Paul R Schiller another way you may consider structuring this type of deal is to create an LLC and then divide up the ownership and define the rolls in the operating agreement with you as the managing member.  

Old listing will need to be deactivated and you'll need to create a new listing. 

We can even create a private, live webinar for your network.  

I would have created my own business and bought RE asap.

Based on other things I've read, I had thought that Loopnet was a place where listings went to die, rather than a good place to find them, but perhaps Chicago is unique?  

Wife and I are interested in creating a multifamily property, either through creation of an in-law suite, or maybe just building a nicer MFR property from the ground up for a house hack opportunity.Location agnostic at this point, just seeking info on people who have successfully did a new build of a small MFR property?

You just can’t add to the foundation of the home- add extra bedrooms, create an open floor concept, etc.

Memphis has great potential for solid investments and we have a unique market.

It helps you get to know the area and creates leads at the same time.