Looking to explore options for owner occupant lenders outside the conventional limits that borrow in Chicago to high credit/income individuals with under 20% down.

While home prices are low, rentals are in demand, and our local contacts (hotel owner and realtor) tell us there is high unmet demand for rentals, and tell us there would be no problem finding good tenants.

Since the IRS only gives you 6 months to buy a more expensive property, depending on the demand for that area and you know that you are going to sale, is to make the property you own is to put it up for sale before you sale before you finish the work. 

High demand.

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I know of at least one individual who has done so.Regardless, if you do go forward with it, you're gonna need to have a lot of legal work done and even more money. 

My virtual assistant can send out 300 individual messages and I’ll have to field at least 30 calls or SMS replies.

We conservatively underwrite deals in MSA's that have job growth, population growth, and strong rental demands.

@Jason HowellAcceptable Cash Flow minimums are an individual decision.  

Do any of you wise individuals have thoughts about my situation?