champaign rental market

[Steve B.]

Hello BP nation, happy new year. I am curious if anyone can give me some idea on the rental market in Champaign, IL area.  We are considering buy and hold investments in that area, but honestly don't have a lot to go on at this point just starting to look there.  We live a couple hours south of there.  Curious if there are any city or municipal restrictions, permits or inspections required due to being a college town?  It seems that the city has been expanding some but wasn't sure how the ratio of renters to available units looked?  What kind of rents people are getting there? If it is even possible to find good deals on single family or small multifamily units? We have a lot of research to do yet, but I figured this would be the place to start.  Any info at all would be appreciated.  Thanks