Seems like they don't have great appreciation, HOA's eat into it, and hard to resell.

Personal: Travel the world, eat EVERYTHING, taste everything... in short, happiness, no worries do what I want when I want Financial: $1M/month passive income.

Also, keeping the hard money loan that long will be very expensive and it will certainly eat away your profits.

Personally, I eat, sleep, and dream property hustles 24-hours a day, and so does my wife.So yeah, go with the index fund.

Just be aware of the HOA fees because they can easily eat into your deal.Those suburbs are nice Palatine and Mt.

You can still choose to do so, so you are not just deferring the cost to a couple years later, but know that this will eat into your equity.   

@ChristianWeber I see you have 3 choices: 1-Accept as is and eat it(not recommended)2-Walk away and learn to spot some of the issues before you pay for an inspection. 3-Ask for cash back at closing to cover things in report, start around $15k-$17k looking at your numbers.

If the infrastructive isn't properly maintained, one major repair could easily eat the small cash flow that may exist. 

Unless it's clearly one person's fault, just fix it and eat the cost.

Matthews uptown area is quickly becoming a great spot to eat and enjoy the nightlife.