I would validate that cost. especially if in the city of Chicago.Good Luck

Hello BiggerPockets Fam,I came across this article today where the current mayor of Jersey City Mr Fulop, NJ posted on his Instagram.

I'm located in Nebraska, where if they decide not to pay their bill the city can place a lien on the home. 

I also did some more research and found out about a program the city offers.

@Daniel Burke It is right inside the city close to everything which is good.

The governing entity for the local city or town.

Investor thinks a new buyer can get a better response from the city  simply by "trying to be straight" with them. 

.- Arguably the best location in the city, so appreciation is pretty much guaranteed.- In the past 2 years it went up in value approx $100k without any work.- I'm a buy and hold investor, usually hold for 20+ years.- Being paid off and after all expenses, cashflow is $2,308/month.Here are Investment Returns after calculating rents; taxes; insurance; capex; maintenance etc.The columns are: Year 1, 2, 3, 5, 10, 20, and Year 30. 

As big as the city is there are a lot i assume.

Unless your goal is to teach, being educated without taking action is not going to get you very far.Champaign is a city with great investing dynamics - the best thing to do is get started.Is there anything stopping you from going out and buying a property?