You can access that article here https://naahq.org/application-fraud-search-silver-bulletsRegarding Chicago and Section 8, YIKES! 

But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation:  Reno Appreciation: Value added through renovations or improvements (usually just in the first year).

My experience with PPR has been consistent with yours, as well as the search to find them.  

In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.

It should also be somewhere with beneficial landlord tenant law.Best of luck in your search and let me know if i can help.

By reimagining layouts, we improve functionality while enhancing the overall aesthetic.

@David LewisOK - so - if you're just doing Internet searches and are already ready to give up... you should put some more work in first. 

For a quick analysis, I get as close to the 1% price to rent ratio rule for cash flow in Indiana when I was doing my search and narrowing down properties.