How much of the additional 40K do you get to pocket after the cost of labor material and commission?

I am in the same boat as you just using mine for my own info purposes, and to see and list my own houses.You'll have to join a realtor association as well to get the MLS access, and they also provide a lot of training material and support.Not sure what part of IL your in, but I'm with a very good local low cost brokerage covering most of northern chicagoland and burbs.

They have good education materials and a great forum on the subject.

Lois, Sorry to hear that this deal didn't materialize.

Agree with Michael S. that knowledge is power and it will help to build your confidence the more you read and absorb the material on this site.Check out all the podcasts, I listen to them in my car during my daily commute.  

Hope you got real and current cost estimates from licensed contractors and made sure the stated , thought of or planned materials are definitely available at quoted prices so you do not get caught off guard.

It all depends on the quality of materials and amenities you will include, the size of the unit, ceiling height etc.

What are some of your favorite personal/ business development books or any other learning material that you feel has helped you out a lot?

I will stop by Home Depot tomorrow and calculate how much all the materials will cost me. 

By January 2016, when that money hadn’t materialized, CPS cut school budgets for the second semester, too.