This, or some variation, work extremely well and I've done it on active duty, as a reservist, and now as a civillian.

Home value based on comps is right in the ballpark of where we are and home values in the area are probably still dropping at this time.My concerns:(1) The length of the option period.

It comes from listening to, interacting with, and answering THEIR concerns and questions.

The team should at least consist of a professional attorney, accountant, broker, escrow officer and Qualified Intermediary who are experts in the areas in which the Investor is working.It is extremely important for Investors to consult with their legal, tax and financial team before entering into any tax-deferred like-kind exchange.

One thing i am concerned with in Chicago is simply the price of properties.

It sounds like it offers the biggest ROI in the shortest time frame, and if you were to continue to reinvest the profits over and over again into more and more and larger and larger condo conversions that you could do extremely well as opposed to just holding.

even though rei is extremely competitive, there is plenty to go around...or so it would seem.but i'm curious.

It kind of concerned me that it was so easy.

She is extremely motivated to just jump in and get started, while i've been slowly gathering information.

If you have concerns about the area being slow, I would request to see all the expired listings for the last year.