I am lucky enough that my wife is involved as well, I get to hear all the details and the ongoing city plans, discussions, and new businesses and investors coming into town.

Which sure, would be a very arduous process to evict us. 

It is best that she just oversees the process and doesn't represent anybody, if she is adamant on getting cash simply because the seller is someone she knows then you may be able to work around that but I don't see why she is trying to represent them without the property even being listed.

What you see during the application process is the best of what you are going to get.

Having this in mind will also affect the decision making process when analyzing the location, the projected monthly rents, etc.Just be conservative in your underwriting and implement strategies to protect the downside before anything else.Good luck!

We've seen up to 30% missed out.As far as pricing goes several other qualified national firms specializing in cost seg, are able to keep the costs down, by streamlining the process, and not out-sourcing any of the work.Bottom line, like @David Thompson said above, any property worth at least $500,000 should do themselves a favor and get free estimate, which most qualified firms provide.

Also, he can actually call IRS and get his copy of 1098 directly (Wage and Income transcript) from IRS if absolutely needed, It is a very simple process. 

In regards to wholesaling, I feel like the lack of understanding when it comes to the contract process as well as the way the payment transaction is handle is holding me back from initiating deals.

Maybe you do 2 at a time, and it takes you 4 months to complete the process.

I would like to do it in the Chicago area (more-so the Southside where I’m from) or else the surrounding suburbs.I am in the process of currently refinancing my student loans to lower the interest rate.