Slim to none reliable outlets have this product active right now that is underwritten as a DSCR.

@Teekap Pate there is a very slim chance you will find something on the far north or far south side of Chicago on the lake front at that price point and even less likely chance you will find one that works with the HOA dues.In my opinion, you'd be better off looking for condos in those areas that need renovation - flipping.

Inventory is exceptional slim in most of Johnson and Jackson Counties so there is good appreciation potential in both counties.

I did everything else.......the legwork to find the property, I purchased it, I used my crew and subs to do all of the necessary work, I got it on the market and sold it.The split was 50/50, and sometimes slim or even a loss.Think about how this scenario would work for you.

The margins are becoming slim in many areas and our offers have been exceeded in many cases to levels, where we cannot see the cashflow profits. 

My property managers will send the bad debt to a collection agency, but the chances of anything happening are very slim.

Additionally, I think that your $15k is a little slim in today's market.

I don't have any career worthy trade skills or college degree, so finding a higher income job is slim pickins for me.

Nobody wants to lose any money, but losing $5k or $10k is a much easier pill to swallow than losing 50k or 100k.

For me personally it was a way bigger pill than I was willing to swallow.I came out with a plan BEFORE I started my 1031 timelines, so I wouldn't be under stress and make a bad decision.