New construction in a city like Nashville was and has been a staple in how I started my journey as wholesaler.

My question: I’m being told the city of Cleveland or the courts are requiring a “rental registration” before they will process the eviction.

Housing prices in two of our larger cities (Vancouver and Toronto) are also crazy high (eg $1M to buy a starter home)...actually in Vancouver proper at the moment the cheapest home (single family, not strata) is $1.2M...surprisingly (to me) in Toronto the cheapest home on the market is $650K (ignoring some listed for $1 as clearly there is a catch).Our mortgages work differently than in the US, and what we get for rates are only locked in for 1-5 years (typically) and then we have to renew at whatever the current rates are. 

At a minimum, they could have listed a 15 to 30 day vacancy gap for turnover and repairs.Chicago is FOR SURE A CHALLENGING CITY TO BE A PROPERTY MANAGER, but likely even more than other industries, you get what you pay for with a property manager. 

Nine month into my low paying job in a new city, I had no savings.

Always threatening to call a lawyer or the city. 

@Forest Yes his staff has been communicating with investors including me regarding the fund for the past couple of months.

Much like Detroit being the "hottest" city, overtaking Miami. 20% appreciation on $80k is nothing in absolute value.

A good investor agent can find deals for you, you can cold call, drive around, and scour city data.

I heard of developers doing this with farm land around cities.