They've got a phenomenal program for investors. 

Does anyone know if Clever Investor is a legit program and can I accomplish the same things with bigger pockets?

REOs are sold free and clear... or at least that is the bank's intention when putting the property on the market.If a title issue appears that prevents a transfer (these things do happen) the bank either remedies the problem before closing or, if the bank cannot perform, the buyer rightfully receives a refund of earnest money. 

Moreover, these sellers will probably appear on other investors lists, and bigger investors don't want too much competition.

For example, I have a duplex with bowed/uneven floors when i first bought it, reminded me of alice in wonderland (because of the crazy appearance, tons of bunnies that burrowed there, tall hedges, and lots of greenery) so i call it wonderland.

I've heard there are area specific lending programs in Chicagoland.

@Malcolm ChelliahThe closest program that I am aware of for Jumbo is a max of $250k or 30% of the as completed renovation value, for the renovation costs.

The law appears to allow a landlord to require notice be given on a specific date as long as it is written in the contract.

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Some of the bigger changes appear to be with the penalties that can be imposed ($100 per day fines up to $500 per day or even jail time).