I would suggest looking in Columbus Ohio for so many reasons - population growth, job growth, and companies moving here.

I won't fault those syndicators that have stopped distribution or even doing capital calls if they do spend time manage the property and try to find solutions to the problems.I suggest BP have a hall of fame and hall of shame for these syndicators. 

In short, having all the conversations and commitments in strategy, setting up LLC and all the fun docs of who's doing what, and I'd suggest even getting initial funding into account for at least EM. 

If you're targeting Section 8 tenants in Chicago, I'd suggest listing at the fair market rent of $2000.

Cities don't play fair when they decide to go after you.One thing I would also suggest you do is look on AirBnB for the specific building you want to buy in. 

You should learn how to analyze property to ensure it's going to pay for itself.A couple suggestions:1.

Exactly what Chris suggests - buy the house from them and rent it back to them.

Any other suggestions -- what about Detroit, MI?

;-) Good luck and the forum is always here to help you answer your questions/provide suggestions.

At a minimum I'd suggest $100,000 cash.