. - You have no recourse against an agent or PMC once you pay them for the placement and it turns out to be a terrible tenant:(If you have the time and network and post here for assistance, it's always a good idea to learn the rental business from the "ground up".Of course, one mistake can also cost you thousands of dollars.

They have been talking about it for almost 20 years and have never broke ground.

Most people really don't understand this fact (myself include prior to moving here) and it can trip you up if you don't have reliable "boots on the ground" or a thorough understanding of neighborhoods and blocks.

I have a list of them that I can share with you.Chicago, without a doubt, has some downsides, but there are also a lot of positives, like the inventory of older multi-family properties and price points at all levels.Investing out-state can be challenging because of the distance and the need for boots on the ground that you can trust 100%.

Instead you've got million dollar homes in areas that are ground zero for disaster like Jay said.

It’s a lot to unpack.On the Ground ImpactAs I dug deeper, I couldn’t stop thinking about the human impact.

That means you'll probably have to take on riskier borrowers or agree to riskier terms.My advice - If you don't have boots on the ground here in the states (that you can rely on), or someone you know you can trust to borrow this money then I wouldn't risk it.

Thanks again for the reality check—it’s grounding and motivating at the same time!

If low wet ground check with people moving dirt for free fill dirt.

I do value her as a cleaner and she definitely goes the extra mile and are the eyes and ears on the ground for me.