I've done and been a part of many Chicago zoning changes...they take a very long time and a lot of upfront money...unless you are planning to add multiple units and do a full renovation, the ROI is probably not there.

Long time Scranton resident, investor and realtor here!

@Brenden Stadelman I found that agencies work well short term, but they are not a viable long-term solution.

Then being aware of the complexity of structuring the property correctly for long-term goals is important.

But as long as its not directly in the flight path, it will be okay. 

Like any investment, there’s a learning curve—understanding which properties qualify, accurately estimating renovation costs to pass inspections, and managing typical real estate risks.Having a reliable maintenance and management team in place is key to long-term success.

In particular know exactly what you negative equity position will be and how long it will take at conservative cash flow numbers (near 50% of rent going to expenses other than P&I).  

We have 17 properties and the long term we do on ACH, but frankly, ACH set up at our bank is so cumbersome that I stopped using it for the mid-term market.  

However, we always strive to address any issues and find solutions that work for everyone.Company Integrity: Partner Driven has a consistent identity and a long-standing commitment to supporting real estate investors.

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.