This doesn't mean you cannot find a 2-4 unit property but you might be a little hard pressed to find exactly what you are looking for.  

Growth and demand remain strong and I think you'd be hard-pressed to believe interest rates are not going to be higher - even if only slightly higher - by the end of the year.  

@Joshua MyersYou will be hard pressed to find better rates than a lender unless you are giving up equity.For me I would evaluate the deal in front of me and if it’s performance will be better than one in my existing portfolio I would liquidate that asset to acquire the new one

I'm not sure, but I assume I'd be hard-pressed to find a lender willing to make a mortgage for $30k.

So, sometimes it really is peanuts but, as you say, always good press. :0)

@Chris Watson  I think if a local bank is offering 6% interest and a 20 year note for land, you're going to be hard pressed to find a better deal out there. 

Weakened structural integrity, which water can eventually cause, is really the only pressing concern. 

Property in Lakeview/Wrigleyville area, any recos would be appreciated as I have a pressing need. 

Two articles that appeared in the trade press yesterday suggest that it may be happening.First, in Globe Street, there appeared an article called "In Volume Dropoff, It's 2017, Not 2007."

You may want to wait on issuing a decision until you get a few more if you aren't hard pressed to get a tenant into the property.