Rogers Park, Albany Park, Avondale, Irving Park, West Town, Portage Park, Pilsen, Mckinley Park/bridgeport.We find cashflow by bringing rents to market (typically a 25%+ bump vs what they are being sold rented at) so you need know what looking for when scanning the deals and 4 units are what tends to work best.

Have you run all your numbers, with gross rents for 8 months a year, minus all expenses, minus a big property management fee of 30% (and they should never charge for owner blocked time unless you are asking for cleaning, services,etc.)

Given we are accountants, we cannot promote our services on BP as its against the rules.

Typically, getting into the 5-unit range can get overwhelming for people and take up too much of their time.A good real estate focused bookkeeper will save you a lot of time and headaches... especially during tax prep. 

Brown and not an "outsourced" service.

Damage is anything that is more frequent that typical life cycle, and/or associated with improper use of an item. 

Yeah, it depends on the loan type but typically it’s a minimum of a year.

Typically here, the seller uses the same attorney that the buyer uses unless you'd like to specify a different one.

Some just make perpetual threatening phone calls.Some start court actions, so they get a money judgment which they can use to at least garnish state income taxes (you can't garnish federal returns).Property owners need to start asking PMCs HOW they will execute their services, so owner expectations can be better met:)

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.