He still owes me for the services I rendered and saw through to consummation.I filed a mechanic's lien against his property.

The mechanical separation is the dangerous part -- if you mess that up, your appraisal dies and the BRRR breaks.

Hey Chicago investors -
Quick technical question on the Cook County AHSAP (Class 9) incentive.
I am under contract on a 16-unit in Phoenix, IL, and we just received our formal approval letter from the Assessor reduc...

Background: 20-year veteran mechanic and business owner.

If you're taking a training course at the Holidome this weekend from a guy that says "this time last month I was working as a mechanic, but then I discovered the secret to getting rich in just 30 days in real estate...and for a $10K mentorship I'll teach you my secret."

The all-cosmetic deals still work if your buy price is right, but anything with structural, mechanical, or permit work is getting squeezed hard.I'm also seeing contractors pad contingency more now.

For those wondering about the mechanism, when a deed is recorded form REV-183 is also completed.

It's a statewide policy — and that changes the investor calculus significantly.What the Ballot Actually ProposesThe specific mechanics matter more than the headline.The proposal caps annual rent increases at 5% or the Consumer Price Index, whichever is lower.

That kind of upfront clarity builds long-term trust.One thing many agents underestimate: investors care less about granite countertops and more about mechanicals, roof age, layout functionality, and exit strategy alignment (rent vs. resale).

And gain the option of running mechanicals under the house for ease of initial install, plus future repair or add-ons....