I was wondering what are the FHA Inspection red flags in Chicago that may cause a deal to fall through?

I’m entertaining turning my LTR in Southside, Chicago into an STR. Has anyone tried this in this area? Also are there STR regulations already set in place?

http://www.therightscoop.com/glenn-beck-happy-days-are-here-again?ref=nf

:mrgreen:

Hi,I have a 3/1 in a Chicago neighborhood that is "challenged", but is well located and the unit & building themselves are fine. I am offering a move in with neither move-in fees nor a security deposit, just a Tra...

I have had this happen many times and I end up paying the cost of the repair/issue since it is caught by the new tenant and the security deposit has already been returned to the old tenant.  Property manager charges 1...

[b]I got the following in email today, sounds good but also sounds fishy. I'd be willing to help them but don't want to be involved in anything illegal at the same time. What do you think?

Good Day,

It is my pleas...

I like to get people's opinions. I'm curious to know if it's a good idea to have multiple properties under one mortgage? What would be the pros?(If any) and cons?..... Thank you in advance. 

I successfully received a judgement from PA court of Delaware county on my tenant who owes me $12K. Don't know if i will ever get anything from the dad put his 21 year old son on the lease, so he is also on the judgem...

Hey BP Family! 
I am starting to analyze deals for my first house hack here in Houston Texas. I have a 780+ credit score, absolutely no debt, and I just graduated college into a real estate investing job where I am o...

ex. $100,000 principal, how much lump sum payment would be typical?