LOL @John Hu Hey @Veronica Mitchell - there are many great neighborhoods to invest in Chicago.

@Bliss Hu why are you afraid of BRRR because someone lost money?

You can (delicately) begin talking to these tenants now that you're in contract.

I know for a fact that Chase has an internal condo approval process for all loans being sold/brokered to them. https://selling-guide.fanniemae.com/sel/b7-3-03/master-prope...For FHA, the guidelines are FHA 4000.1.Also, this: https://www.hud.gov/press/press_releases_media_advisories/hu...Long story short, condos are becoming increasingly difficult to finance.

this is why it's very tiring and boring, everyone of those offering they would paint everything with white colour, change the countertop, add stainless stell appliance, what else are there ?

Pro:  In spite of the amazing advances in home office colour printing technology, most national governments take a fairly dim view of you producing your own money.

He said its so much because its a delicate job but I have a hard time with that price. 

Tenants are still willing to pay more for high-quality spaces, creating a delicate balancing act in the market.

Apparently they should be brick pointing with lime mortar, but instead, they said the city will just plaster over the historical materials (original brick and lime mortar) with Portland cement because it's cheaper, faster and easier than working with more delicate, temperature sensitive lime mortar. 

I agree with Colin, everyone's circumstances are a little different and while I would take feedback from non-CPA I would only trust a CPA with questions that are that delicate.