What are the options when the draw period ends?  

We mostly talked about the buildings & their values as "cost per square foot" & does it cash flow.Now we are starting the process of dividing the partnership or selling off the buildings & I want to price them right.

With fewer than 1200 inhabitants, if you get the property back that's a pretty small pool to draw a new buyer from.

(Your average annual gross receipts for a tax year is figured by adding the gross receipts for that tax year and the 2 preceding tax years and dividing by 3.)

Then your NOI divided by market cap rate gets you market value.  

Not sure if they will give it to you, but if you ask your planning dept nicely for some older drawings, they might oblige.

Some unique draw that makes them distinguish your house from the rest of the stockpile that they're looking at.

Went from 75% LTV to 80% LTV and an appraised value of $150 ($120 available to draw).

There is a strange marketing concept and with the right Curb Appeal and unit conditions,"Asking for more draws a better client". 

In almost every case you will be finishing basements (possibly digging them out), moving or removing walls, moving staircases, adding shed dormers to 1 1/2 story homes, updating mechanicals, etc.Is anyone willing to share the name of an architect or architects, who's practice is directed toward the investor rehabber with respect to the permitting process in Chicago, i.e. they can do the drawings and get the permits approved as quickly as can be expected in this town.If providing such referrals violates the forum rules, I apologize and ask that you ignore my request, but I would appreciate any other insight from experienced rehabbers