Below is a link to basic info from the city site: https://city.milwaukee.gov/DistrictSevenCLO/Landlo...

Then we’ll basically have to pay closing costs again selling it right after.

Is it basically like evaluating an apartment complex?

Basically pool their money together and he would manage the fund.

After they are finally out I can take them to court again to try and collect my rent and any damages...Basically this process is a lot slower than I thought.

I would basically review the quotes, follow up with the subs via phone calls to make sure the scope is the same for all subs and what I was looking for. 

I don't know exactly all the steps for each of the calculators, but I think you would get a lot of value by starting with some basic calculations and learning those first: Income, Cash Flow, Cash on Cash Return, Cap Rate...  

I think others have basically covered it.

If you're able to go that route you can proceed with your Coastal Permit/Planned Development permit afterwards without the hangups about setbacks ect.Also....on those old railroad lots your legal setbacks are 3' for substandard lot widths.

@Marque A Clark no you can run a business as a "Sole Proprietor"  Basically that means your business is not legally separate from you.