As Sean Wagner mentioned, the city of Chicago has adopted their own regulations on charging what's commonly referred to as a "security deposit" you need to do it another way. 

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

The prices are still really affordable compared to other cities, but you get solid rental income potential.

Hey all, I'm Stanley from Oklahoma City.

Hey @Matthew Ferguson ...That depends if you're thinking of going the LTR route in the city of St.

One land speculation I bought 4 acres in sonoma County CA ( wine country) in 96 for 27k it was unbuildable at the time ( could not get a septic system on it) Well city grew to us The Graton Casino comes in right across the street and we sold a few years ago for over 2 mil to a land assemblage investment company.

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.

Hi @Sam Mishra what's more important for you, affordability or Jersey City  area?   

There are still liens today leftover fro the 2016 Baltimore City tax sale.

The city can do whatever they want I I have to lean forward and take it.