"Developer" STEEVE RAYMOND who solicits investors on this website was exposed on the Chicago ABC News relating to numerous just FRAUD LAWSUITS filed against him by Chicago attorney Ana McNamara, Esq. for taking investor money for supposed building "Rehabs" BELOW IS THE LINK TO THE STORY:McNamara Legal McNamara Legal | Chicago IL

How are you generating leases and other legal forms for your properties?

Quote from @Miguel Gonzalez: I'm thinking about purchasing my first legal 2-flat in Chicago from someone I used to work with.

I was just posting on here to see if anyone had any experience with this type of thing.In my non-legal opinion, given the info provided, I think it will be an uphill battle for this buyer to prove that the seller failed to disclose material issues that would have affected the value of the property or the buyer's decision to purchase it.

Here is what looks like a fairly detailed article for California:https://rentprep.com/blog/legal/california-abandoned-propert...Best of Luck!

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

A few questions about the expenses:Cleaning & Maint: 3.1%Legal and Common Area: 1%Repairs: 2.8%Supplies: 1.0%Utilities: 16.6%Capex (appliances): 0.8%These expenses are very favorable, but also quite low for a 10-unit coastal STR.

In this case your selling an equitable title but not a legal title since no warrant deed with the named “buyer” is recorded.  

@Brandi Smith you may also want to research the links below if you plan to DIY landlord:Oklahoma Residential Landlord and Tenant Act | Welcome to Legal Aid Services of Oklahoma's guide to free legal help in Oklahoma.Microsoft Word - Landlord and Tenant Act Update 11-1-19.doc

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