They may fall further as a consequence of all the trade war sabre rattling. 

If I had to lose one of them, I'd rather lose the wacko lol.She complained often and frantically about his walking, and I regularly explained normal apartment noise to her.Anyway, one night she calls in the middle of the night.  

A lot of it is just noise looking to grab readers' attention.2) A lot of the same things that are tried and proven continue to be extremely valuable in these times. 

(But you'd likely be limited by HOA - as far as which days and hours you can make noise in it remodeling)If you do stick with the plan for buying in the Loop, and have access to cash, whether yours or you borrow.... family, hard money lender etc...

Hey Stace,I find that starting with the goal and working your way backwards to your current situation helps cut through the noise.

She doesn't make a lot of noise?

This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.

Move to duplexes and you learn you need to pick compatible tenants to avoid becoming a mediator in disputes about noise, pets and parking.   

Airbnb is also exceedingly easy to get an idea on what 3BR comps in the area are getting for their weekday/weekend ADR, cleaning fees, as well as seeing if there are common check-in/check-out times, minimum stay restrictions, and how booked up their calendars are, especially right now heading into the back half of the busy summer season.As far as the what kind of legal structures to use for this property, there's so much noise on social media about stuff that just doesn't matter or apply to most people, so I wouldn't worry about overcomplicating your purchase with trusts and holding companies at the beginning. 

You can manage to live in the house while it gets updated, and rent the condo to get the $800-$1000 cash flow.If you are working full time from home and having some noise is not convenient, then stay in the condo while fixing the house