Trades are great, but its tough work, construction kills your body, most of the time you don't get benefits, and I believe statistically college grads make 40% more than those who don't. 

By focusing on 30+ day stays, you don't run the same regulatory risks as well. 

That changed over the last few years where a back up strategy was an afterthought or non excitant.Headwinds: regulatory, interest rates, house prices, "professional" competition, and market saturation.

I'm asking not to throw any body under the bus...

Tax levies may also go up at Cook County and other taxing bodies covering the city to "catch up" on their pension and retiree healthcare debt. 

=============================Title Insurance Company is irrevocably committed to issue to buyer an owners title insurance policy covering the property with standard coverage customary in the state where property is located showing liability in the amount of the purchase price and showing insurable title to the property vested in buyer, subject only to the following(a) Title Insurance company standard exceptions(b) Liens for all current general and special real property taxes and assessments not yet due and payable(c) liens of supplemental taxes, if any assessed(d) any facts an accurate survey and/or a personal inspection of the property may disclose(e) the mortgage/deed of trust/deed to secure debt lien in connection with any buyer financing(f) any laws, regulations, ordinances (including but not limited to, zoning, building and environmental ) as to the use, occupancy, subdivision or improvement of the property adopted or imposed by any governmental body, or the effect of any non-compliance with or any violation thereof, including but not limited to, any disclosure an/or report required by ordinance(g) rights of existing tenants and/or occupants of the property (if any)(h) covenants, restrictions, easements and other matters that do not materially impair the value of the property or the use thereof(i) non-monetary encumbrances disclosed to buyer in writing prior to entering into this agreement (j) any other matter for which the title insurance company agrees to provide insurance at no additional cost to buyer===========================================================

It keeps getting distorted as if all these jobs were just lost like in 08/09, no, they were temporarily stopped by regulatory act not economic factors, 1st year economic students learn that is called economic tension not loss.

The economic implications of all of this will be FAR more devastating than the actual virus, but to the market's and those who fail to do proper research, it's all about body count at this point.

No body wants to live next to a weird landlord.  

ValuePenguin is a good source for the relative cost of insurance by state.Operational Costs - Costs like property taxes, insurance cost, state income taxes, regulatory costs (ex: time and cost to evict), inspections, rent control, etc., have a tremendous impact on your return.