, I think there's just as much likelihood that prices depress over the next two years. 

An Emotional Support dog is not trained but rather is there to provide comfort to the owner, having a dog is known to help those with depression. 

Forcing more houses onto a particular real estate market ( the Chicago real estate market in this case apparently )  DEPRESSES  that market.  

Before I started doing deals, I grew up in a very economically depressed area in Toledo, Ohio.

Yes, definitely...From what I've been able to find, the drop in suicide rate is related to the improved treatment of clinical depression by the Finnish health care system.The drop has been unbelievably drastic -- down over 40% in 15 years...In the same period of time, the U.S. suicide rate has only dropped 15%...Kudos to Finland's health care system...whatever they're doing must be working!

Depressing I know but the return on capital is low at least at this point in history.  

Is this something worth doing when the construction industry is hurting/housing prices are depressed?

They are in a economically depressed rural location and will be HUD properties.

That's the formula that most depressed urban areas follow.   

If I do long term holds I only do it when market is in a depressed condition and that applies to any where in the US   The Midwest gets a bad rap for investing and I realized that back in 2012.