Specifically, key items will be pre-empted to the state level and new ordinances limiting rentals cannot be approved unless they were in place prior to 2014.

But there are implications to that strategy so be sure to discuss your specific situation with qualified tax expert as this is not a tax advice and I’m not a tax expert. 

New siding shingles can be purchased that are made of non-asbestos material to replace any original ones that are damaged and they are easy to paint - we do that for cosmetic purposes but we don't replace or encapsulate the entire house.That said, I would talk to your Realtor to determine if there are any Michigan-specific rules/regs regarding asbestos siding.

I try to be cordial and brief, but his issues have become increasingly bothersome.He now believes he is the victim of a serious crime, often calling to tell me the police are coming over (which they never do), or asking if I see a specific car on the street because he fears they are there to harm him.

Buyers will be required to sign a buyer agreement prior to showings, many states operate this way already, and it can be specific to a period of time, specific property or range of shopping options the broker is to assist with. - Buyer broker commissions will be more transparent and in all likelihood begin to trend downwards.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

Cleveland is what I focus in, it's great market to focus on for cash flow and specific pockets have gone upwards of 2-4x in the last 5-10 years.

If you can make your deals work now they will be killer deals later.Is there a specific area of Chicago you are looking for these 1% deals?

There are specific cities/areas that seem more promising than others (such as Orlando, Jacksonville in FL, and Midland/Odessa, College Station in TX) but I'm finding it hard to pick one market to then resume my search for the right neighborhood and specific property.

Would you be willing to share your experience, in particular:1.Which specific areas in Scranton-WB would you recommend?