Based on your post, it's probably best for you to simply not invest in Cook County for your own peace of mind.Sure, any tenant could stop paying rent and that risk is never zero.

Most of my owners use our services because we take the property off of their hands and minds and they simply collect their checks as they come in but I have some owners that prefer to be more hands on and use our services because they value my opinion, resources, and ability to get their homes occupied at top dollar.- From someone who owns and operates a MTR and LTR PM company with over 75 units and an investor myself

I'm not here to debate, complain, or anything else.I simply shared my experience to help the poster, that is all.

But, yes, it sounds like simply looking at your numbers and determining whether or not you can absorb a salary is the time to consider it. 

Yes, I really did just stay up until 3am going through a rabbit hole of REI.

Example, buying a vacant lot from a neighbor and simply explaining that someone else will be on the contract in a few days is not easy.

What I don’t understand, and help me on this, is why someone would simply want to purchase the Mortgage/DOT without the note. 

We are simply just responding to the slander to let everyone here know that it's exactly that....slander. it's been 2 years and your still upset?

they said around 90% of market value.I tried to get them to understand that this property needs a LOT of work, almost a full gut, some holes in walls (small) old carpet needs to be ripped up, i mean like the works on this thing, you can prob get away with touching up the kitchen since its real hardwood and the bathrooms as well but this prop needs at least 80k.Found out owner actually owes 140k on property, and zillow is zestimating it to be 127k.

So I never turned people away simply because they don't meet one or two criteria.