Finally, as an engineer, i am studying for my professional engineer license after this project is over so i can stamp my own AutoCAD drawings (don't need an architect anymore) --- since getting the license is for my real estate business, i would think studying hours would count as well.

Here is a long hand template that I'll use:= Analyze Deals: Identify: Property Price: Acquire: Down Payment Closing Cost Loan Transfer Stamps Taxes: Rehab Estimate: After repair value: Income: Monthly Gross: Rent Parking Washer/ Dryer Storage Advertising Expenses: {Fixed} Taxes Electricity Water & Sewer PMI Garbage HOA’s Insurance {$100} Expenses: {Variable} Vacancy {5-10%} Repairs and Maintenance {8%} Cap Ex - {Capital Expenditures} {8%} Management {10%} {Optional} Future Assumptions: Annual Income Growth: {2%} Annual PV Growth: {2%} Annual Expenses Growth: {2%} Sales Expenses: {9%} Totals: Monthly Expenses: Monthly Cash Flow: Monthly Income: ______________ Total Cash Needed: Cash On Cash Return: ROI: Cap Rate:

The Zoning Variation/Change is a lengthy and expensive process, it requires you to have fully prepared Architectural drawings, stamped and submitted to the City of Chicago by a Licensed Architect or Structural Engineer, then you have to wait for the Zoning department to Deny it (Which can take 8 weeks alone, or you can pay $1,500 to have an In-Person zoning review done in a shorter time period, but i'm not sure how COVID has effected this).

People don’t sue people that qualify for food stamps.

The Q is did I not formally cancel the deal based upon my call & verified time stamp on the cancellation text?

Perhaps find a GC that would be willing to hire a newbie at a discount.If you want to get into wholesaling, find a job where they give you free reign of the printer/stamps/envelopes ;)

I also inherited one tenant and I raised the rents right away and he told me that he couldn't pay because his wife this and that and he didn't have a job because this and that, in the end I found out he was getting financial aid through stamps and the government.

You may be able to send a self addressed stamped envelope to the municipality of your choice and ask for after the auction unsold liens listing. 

Of course we have unemployment and food stamps and a pretty good food bank system.

Their keys were somewhat unique, and came stamped with 'Duplication Prohibited".