You look for comparable sales for other distressed properties that are similar and nearby and also counter that with finished version comps so you can see what your perceived spread could be.

those 3000 jobs would get coffee and need dry cleaners and cars repaired etc. 

Such strategic zoning decisions bolster the provision of affordable living spaces, invigorating local economies by amplifying the consumer base to support nearby businesses.

Let's connect for coffee soon...Welcome to BP!

It's a little remote, however, the community seems to be new and growing and there are other houses and developments going up near by.

I tell people the harder it is to zone your project, the less chance a competitor will come nearby.

Some people who already handle plowing or sidewalk clearing nearby might give a better deal if they live just down the street.

Hey @Erik Applegate, I don't think there would be much change in pricing in regards to similar places nearby.

@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.

Plus, if you'd like to connect and talk marketing/sales happy to do coffee or something.Also, there are tons of Facebook groups for Chicago real estate.Lastly, just doing some 1:1 networking with lenders, agents, and architects is something we focus heavily on.