I live in Cook County.

Your deal is only as good as the one you find, the house doesn't have to be a gut to have meat on the bone.

@Tyler Cook - generally a conversation with your lender is not necessary to convert your primary residence into a rental.

Last I read was Robin Cook's Cell.

The seller originally came back asking for 5K, which I lowered to 2k.Since there was just a few weeks until we figured we'd close, and there is meat on the bone, but only for a single flipper, I couldn't take the risk.I had to let it go.I'm actually very satisfied that we let it go and was glad that we didn't get tied up into anything not worth it... it just sucks a little.Back to the drawing board.

Unfortunately, the one contractor I called last week never called me back to meet me at the property.

This regulation applies to “a non-owner occupied room or group of related rooms within a dwelling used or intended for use by one family or household for living, sleeping, cooking and eating.”

I'm not saying you have to take out anything persay, but it just feels like a long time before you get to the "meat and potatoes" of the letter. 

Plenty of meat on the bone.

Sounds like you have run into some wholesalers who are not leaving enough meat on the bone or who are trying make a deal out of a bad deal.