It would cost $2,700 for a small L-shape 9'x10' kitchen. 

Of course many of these homeowners bought their homes years ago when prices were a fraction of the cost they are now and might have their homes paid off or a small mortgage .

Hi All, just purchased my first small commerical space in the Chicago area.

And then beside that, does it even make sense alot of the time to buy such small properties if you can't manage them yourself - do the management fees eat up most of your cash flow? 

I was just sitting here thinking about different ideas i haven't heard of and i don't know if its a thing or theres a name for it but, Has anyone ever wholesaled a commercial property to someone and structured the deal to where instead of selling the contract for say $10,000 more than you got it under contract for, to where you sell the property to an investor at the price you got it for and then set it up to where both parties agree that you just collect a small percentage of the rents of the building every month for monthly income? 

If you're going to go it alone on a small multifamily I'd highly recommend getting a lot more education first.

However, if your project is small, you can find good marketers on freelancer.com or similar websites.

I think you're ready to purchase a tax-deed the major down-fall is that too many foreign investors and small capital groups come in and buy the best properties near or above market value....There's a bunch of posts on tax-deeds its just you have to spend sometime  learning how to title examine (this is a key skill you will have to learn).1/2) These properties are being "foreclosed" by the local government - in general its state specific for instance in FL it is true they can be redeemed until the second before sale however after you're pretty much done for (however if its a valuable property and any of the previous owners in the chain of title have a bit of cash to throw around you'll be forced to defend yourself in court which can be pretty expensive).

Would I just continue to buy one house at a time or would it be better to try to scale up (larger package of sfh or small multis) I work a steady job and my strategy right now is buy and hold.

It’s in a small military town so the competition is not very high.