Nobody can argue the legality closing on the house yourself and reselling, but that take a lot of benefits of wholesaling right off the top.

I'm not sure what the marijuana laws are where you're at, but here we have a lot of people that want to open medical marijuana dispensaries, but most landlords don't want to lease to them because it's such a grey area legally.

As a reminder for any other readers, the 50% rule applies to gross rents and accounts for all expenses like management fees, taxes, insurance, vacancy, maintenance, Capex, utilities, water, legal, yard, etc..You should only use the 50% rule for a quick analysis and a true historical picture of expenses on a property is preferred.

Marathon is popular, because the city has allowed an explosion of legal short term rentals (min 7 days).  

Also, i usually will add it to the OPTION agreement (not the rental agreement)  that the tenant will pay anything up to $X  maybe more like $2500 in this price range or all of it - however you can't MAKE them do the repairs as they are still a tenant - but you can put in there that if they don't do the repairs and you need to do them that you will add the expense to the purchase price plus a certain % return (make sure it is a legal rate) - or some of my friend will do the repair but the stipulation is it voids the option agreement - I personally think that is too harsh and unfair so I lease option by adding it to their purchase later should a repair be needed and they can't afford it. 

Has anyone successfully rezoned a legal 2-flat into a legal 3-flat in Chicago?

The ability to do drawings for permits, and to send out to sub-contractors to quote, would also be required at times.I want to make my flips as easy as possible for a subcontractor to quote. 

No legal advice given.You cant force them out.

If the owner, completes the steps in the redemption process, they can get the property back....Seek legal though to be on the safe side and Denise Evans in a well-respected pro and offers a class.

Legally isn't she entitled to entry of the property if she is on the lease?