Google Operation Chokepoint for just ONE example of what banking regulators do with their massive power.

 $360k is massively overpriced for what it is.  

If it's a massive budget, lenders may peak in a bit more, but definitely doable. 

Perhaps it is hard for people from the states to understand - but the rule of law, and clarity in regulations etc really makes it so much more attractive than other places where you never know what new policies might come into effect forcing you to take massive loses etc.

@Veronica Mitchell - A little bit of an open-ended question since Chicago is just so massive and has a ridiculous amount of mult-family properties. 

In hot markets like Austin, having an agent network can be a massive advantage.

.- Multiple other thriving business district areas (Carlyle / Eisenhower, Potomac Yards, National Landing), but especially Old Town Alexandria, are experiencing massive infrastructure and business development over the next decade, which will greatly boost tax revenue for the city over time.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying    jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg    Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.

Ken, You're changing the subject to something neither of us ever discussed.The only thing you claimed was that having no-debt on a SFR property makes no sense, because of your theory that the government is going to be massively raising taxes on property owners to "oppressive" levels.

Not sure where they went.I saw what they were doing as bulletproof- as in- buying notes for pennies on the dollar, working out most of them for massive discounts to borrowers and splitting the returns with investors. 

Massive hits to insurance companies are not contained to CA and FL, they increase their premiums for the entire nation.