FYI: It’s a 5 bedroom- 4 bath, I’m looking for a group of professional roommates or a family.  4 days is pretty short to worry - especially a five-bedroom house - this is likely going to have a much smaller group of potential tenants and ging to take some time.

It's a good idea to keep an eye on any rule changes and check resources like the City of Chicago's website or talk to a local lawyer who knows about short-term rentals.

It’s 4 blocks away from a major university health center (and embassy suites for hospital visitors) and 2 miles from another hospital (possible travel nurse MTR potential).

Property 1 im 120k into it, the morgage company wants 136k . its worth around 190k currently, rent is 1800 if i wanted to rent it, HOA is 450Property 2 im 280 in to it, the lender wants 360, but its worth 500 and can easily appreciate more quickly, rent is 4000, HOA is 1400i have a family friend who is a lender whos willing to help offer cash to the lenders and then i can either sell properties for a lesser loss than 400k or hold for a few years and throw tennants in it and sell after to break even with the appreciation I'm hoping the lenders for the second propery is willing to work with me , and maybe even negotiate. i hired a lawyer today. fingers crossed.BEWARE everyone because im in a very bad scenario :(

For steady income, Cleveland's a great choice with good cash flow potential.

Looking for my first-ever deal and I found a potential fixer-upper.

As I mentioned in my original post; I am a mortgage broker and I am very careful to present a lender to my potential borrowers as I don't want them to get scammed.

Talk to a lawyer.

If you’re sending LOIs and proof of funds and still not getting any response, that’s a huge problem and potential ethical violation.

A follow-up question: What resources do you use when examining a potential market area?