Live in the area and owned a profitable unit nearby How did you find this deal and how did you negotiate it?

Not sure if I should stay in the Chicago market or Invest out of state in a more land lord friendly state?

I have owned several townhomes in AZ.

You need a massive marketing budget, and you need to double close on the property, meaning you need the actually have the cash to buy the place.Flipping contracts from unknowing sellers to buyers is a shady business, illegal in most states, and has a failure rate in the high 90% range. 

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My guess is neither the seller's agent or yours trusts that you'd follow through if you submitted another offer.I'm curious, what state is that in? 

For those of you who own 10+ doors, do you have one umbrella insurance policy, or do you have an LLC for each property?

Quote from @Sheila Peschges: You have to study your state laws closely (or consult an attorney) to see if it's allowed.

hello-q: i hope that you have quite the plethora in information about the decide to..build a square space (office like in function) right next to house-to have "reason space" to work from home ('i am forced to work from home bcs of having parent who survives a stroke-cared for on/in house property, bcs putting her instead in assisted living-wouldn't be more affordable/feasable, and many states (california being one) are willing to help loved one(s) to age/stay in place as reason to build these extra spaces in/on property..putting her in the situation as more benefitting i am researching the state orgs to find out what to do=being as stellar the careful/accurate as i can with gathering as to what to do..including the obtain of funding per any grants.and trusting that having your consultation has us getting away from issue/noise over just purchasing/happenstance model in default assisted: residential (multi bed home stead-with all the red tape & fees/tax justify better?

Question:  You stated that the booking platforms will remove listings that do not have a valid permit on their listing.