My safety net is I have more than enough equity to pay off the hard money loan, so I know I would be able to repay.

Anyways, back to Chicago, I have been there a few times, although mostly d-town and north-bound (Wrigley field area)... to me it is world-class, beautiful, clean, rich, affluent, safe... but I am aware of 'what they say about the South'Yes, I am from Canada, and no, I do not 'understand' what a rough area is... a random mugging, kidnapping or murder here is simply unheard of... in a 4million ppl city.Social net is much higher, you will never go hungry here, guns are pretty much inexistant.

Hello music, pot smoke, noise, loud voices; activity where once silence reigned.

Not all pot-smoking slobs are terrible tenants.

Catch is you will need to have more downpayment money, and likely pay a little more interest vs being subsidized by the bank to get you financed. 30y mortgages all come down to Government wanting more home ownership.. when politics put their hand in the pot, you know things get upside down...

My grandparents townhouse they got a notice from the HOA because they had 3 potted plants outside and they are only allowed 2. 

I was talking to his girlfriend today about it and she said that they can smell pot in the closet of his daughters room from the upstairs neighbors, also that the girl cursed at his 5 year old daughter.

At a $500/month payment, $300 net is a lot more interesting from a risk standpoint.My instinct is to sell the condo and invest in flips, but if you're going to be a traveling PT, that's going to be tough to manage.

Interested in what net is now of CA and elsewhere.) 

I have been doing research on my own as well as reading pots on BiggerPockets Once again thank you very much.