Tenant damages for unpaid rent, etc...can be sought in small claims court.I am not seeing lower rents...stable & slightly higher, within normal ranges post pandemic.Norbert Huston

Only a reliable tenant matters.Rent range - What the segment is willing and able to pay.Configuration - Two bedrooms, three-car garage, large back yard, single-story, two stories?

Here's a summary of the reasons: With inflation now in the 2% range, the Fed needs to lower interest rates from their current "restrictive level" (Powell's words) to prevent a recession.

It seems like this is about the range of the price.

Another period of QE will drop rates to the 3% range for a period.Ultimately, history has shown real estate values to double every 15 years. 

Usually your reserves for those categories will range from 25-30%, although maintenance & capex should initially be minimal since the home is new.

Yes you can still find some properties in that price range.

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

A 3 bedroom in Stamford can range from $2200 - over $3k. 

Send offers on places you like when they come up if they're within your range.