I do  think your point about having an eviction on her record is a bit of leverage though.  

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

Is there no one else of your religion in the area looking for housing?

I personally have not heard of the website that you came across.

If memory serves me right, 14% and 4 points.

You can make minor adjustments based on the type of appliances (dishwasher, clothes washer and dryer, air conditioning, etc.) and the size of the rental.

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

Also is there a plan to replace the HML after a particular point?

I also see your point about avoiding bargain basement properties, especially insofar as tax shielding is easier with an asset of a reasonable size.Your point about barriers to entry is also interesting, since I suppose those barriers can be geography (natural boundaries of mountains/water), but you're probably referring to that which impedes future construction?

Highly suggest coming out to some of the local chicago IN-PERSON meetups!