hi guys, on a big time crunch between 40 hr job/driving my son between his sports activities/orthodontist/doctors and pre school errands... so I apologize if my question has been answered in the past already...I hope u will forgive me my lack of research on that subject...So if I am buying a fourplex and it cost 250k, then it needs 20k work, then how does the arv value calculated?

Nothing different will happen and you are just costing yourself time and money and stress.Things can go smoothly when u turn this over to the professionals and follow their advice.

This site is pretty good toohttp://www.rentjungle.com/average-rent-in-chicago-...For those interested in the Chicago rental market (we are in Cook County) here is a great Rental Market report done by DePaul U.

Hope this points u in the right direction.

We dealt with a historic property on U St NW renovating all 4 levels.

U can rent a decent apt for 600 in a nice area, what kind of rents are you getting to cash flow that?!

@Colin Zhu  has information that will help U as well. 

So today I send my texts out and one says ok see u tomorrow and the other says “ Good evening.. adrian hope u don't get bothered but can u please wait until I contact u to pay the rent I feel pressured when u ask for it.

Got a few people together and went down with a U-Haul to setup.

I see the u-haul truck was parked and some items near the mail box.