Something that is increasingly important to those clients is being cash flow positive from day 1 and this is what we deliver.

Given that I'm not positioned to buy just yet, and simply running the numbers, is there a rule of thumb for estimating insurance costs that would make sense in Cook County?

They maynot want to do this if they are using a Bank to finance, since thebank will want “First” lien position and you won’t want to do“Second” position.

Hope is the industry gets some relief soon and I can revisit some options to further improve asset revenue through amenities and/or roll into a better rate a lower principle.

Columbus is definitely a solid area for MF and duplex properties with positive cashflow and appreciation potential.

That being said, it can be the most satisfying and cash-flow-positive business around. 

However, one of the other REITs I invested in quadrupled in price, and as a whole I’m $150,000 positive.  

The investor who bought this home owns an asset that is cash flow positive from day one and one that will benefit from all 5 profit centers of rental property investing for many years to come.

Not sure what market you are in, but I would talk to some lenders about FHA options on a 2-4 unit property.

As others have pointed out, you are actually in a great position!