Utility/Laundry rooms) shall have 1 layer of 5/8” Type-X drywall on both sides of the surrounding walls, and 1 layer of 5/8” Type-X drywall at the ceiling.

Make sure the rental is still occupied before you do anything else.If they are still there, hire an attorney specializing in evictions and start getting them out.

Just want to get going because I believe this is something I would be good atI am looking to start by wholesaling in the Chicago-land area and I know you need a RE license for that which I am currently debating on.

Again, I don't want to speak for them or start rumors, rather see if anyone has any direct credible experience they can share.  

If you're ever looking to utilize an agent again for tenant placement, I'd be more than happy to help with that as well. :)

Finding tenants is the big one -- we have the tenants pay for the maintenance & cleaning out of their utility payment. 

There was a starting amount of 300k, would i need to bid above 300k or any amount over $1 since it has no bid?

It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?

Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investing Good luck on everything!

Under this method you make your one and only offer; no negotiation, if it’s not accepted you walk away.When I started in real estate investing a couple of hundred years ago, I was a proponent of the first method.