Efforts could include new, efficient, appliances and mechanicals, improved insulation and weatherization, benchmarking utility usage, renewable energy, backyard garden space, bike parking, proximity to public transit, good walk scores... you name it!

In my prior post I describe the mechanics of properly assuming a loan... if you would like either coaching, evaluating the deal with a second set of eyes, or help acquiring and negotiating the  delinquent fees then please feel free to reach out to me as I am an investor in Chicago.

The house overall is in great structural and mechanical condition, just needs whole house updating.

I suggest you study "Encumbrances to Real Estate" and "Liens" from taxes, mechanic's liens, mortgage liens and judicial or judgment liens.

Probably very cool... that is of course if you enjoy rehabbing... or having lethal synergies behind rehabbing that pretty much can help you outgun your competition not only from the creative strategies of saving the deal using the straddle play, but extrapolating this deal further into greater profits, with use of creative rehabber synergies and creative money saving mechanisms in context of adding upside value to the property while simultaneously making sure that folks who live in your property end up not creating havoc and end up paying you rent in a motivated manner.Combine all that with commercial multi family real estate inter mixed with raising money for for private lenders and multiply that by the number of multi units in one complex and creative tax strategies and you get yourself a wild wild synergy, helping you save the deal and go beyond.Sorry if I am too theoretical... but it is what it is.

My name is Pavlos, and I'm a Project Engineer, currently working for a mechanical contractor.

Typically 3 bed/2 bath houses, ranch preferably with a basement (makes mechanical repairs much easier), 1960 or newer if possible.Are prices much higher in your town?

New mechanicals in 2014.  

Mechanical engineer in research and development

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