And services have been cut to the bone.At some point we likely see bankruptcy (as predicted by the bonds), but even if we dont, its fair to say Illinois is not a growth state, and that costs for fees, and property taxes are likely headed up.So declining population, radical tenant friendly laws and high government costs all point to me as a place I would not want to invest.

:)Some stats:16 x 2bed, 1.5 bath unitsNOI: 70000Cap: ~10%COC return: ~12%Little about me:Currently working in Corporate America in the Tech sector but I want to build a real estate portfolio to assure my family never ends up homeless.

the government is not going to pay their "rent", interest, and lease option principal.

Like many government programs, it starts with good intentions, to protect servicemembers called to active duty which could cause them financial hardship.

Louis, but the small essential service sector dominant cities that are relied upon for weekend shopping by the town of 2,000 that can't support a Walmart, Dunkin Donuts, Outback, etc.  

There may be some different sectors out there where you could take the peak sale of that duplex and put it into some higher production. 

I try to arrange a special speaker each month to talk for a while on local issues, government, code enforcement, realtors, legal, accounting, etc.

Your contract will govern, but get title insurance no matter what!

After that I plan to make a career in the financial sector in a major Florida city such as Jacksonville, Orlando, Tampa, or Miami. 

There's 3 ways you'll find deals in Montreal.A) MLSB) Off-Market (Which people acquire through thousands of phone calls or through connections of their own)C) Government Auction (which will be posted on the Gazette next Month)If you're talking about finding out about past details of a deal, then I recommend contacting an agent. 2.