So the good news is that there are currently two full-amenity condo buildings in/near downtown Chicago in prime A+ Class neighborhoods that allow short-term rentals: 545 N Dearborn and 30 E Huron.

Given that “students” is not a protected class, it’s extremely hard to argue against zoning rules as they relate to them in housing.

On either an A class property or a commercial building, I would do preventative maintenance, but beyond that I wouldn't worry about it. 

As someone who's looking for solid B-class break even property to just hold and appreciate, I'm confused why ATL barely gets mentioned here and other places online. 

These properties are in the B to A class range, 2002 built so this is the first time needing an AC system replacement.I am curious what everyones thoughts are here, would you go with the nicer system since you will have the property long-term, or is the $1,000 cost difference too steep for you?

The education in the platform is first-class and allows you to have many tools in your tool belt. 

@Bobby Noubiap if you invest in the City of Detroit, you must understand which of the 185 Neighborhoods are Class A, B, C & D.Otherwise, you may get scammed into buying a Class D property thinking it's Class A, B or C.We've got that data if you're interested.

If you can get fixer-upper in an otherwise safe (looking) Class A/B neighborhood, you could put in some sweat equity then rent that out.

I might be like Stuart and not charge late fees at all for high class units.

Multiple share classes.