You can get sub $100k condos in Laurel that rent for $1200-$1400, so when you adjust for the condo fee of say $250, you have a 1% rule property.However this is pressure on the rent prices of these units in Laurel with the building of all the new condos and apartments near that new town center.

I do larger apartment buildings and retail single NNN and strip centers.

I am in the beginning stages of accessing this deal, but here is what I have to go off of so far:Yearly rents received: 49,525Advertising: 281Cleaning & Maintenance: 2522Insurance: 1649Professional Fees: 210Management Fees: 25Repairs: 3293Supplies: 1642Taxes: 7152Utilities: 7865Depreciation: 2013

Thank you for reading and again, this I am still in the preliminary research stages looking at the different markets around Chicago.  

We're still in the early stages of building our <300 sf tiny home tho.

I am also a Realtor who does home staging and I believe that helped, knowing what  Buyers/Tenants want/need and looking at what other VR in the neighborhood were offering.  

I knew about TOPA in general terms, but I was not aware just how long they have at various stages to hold up a deal and the fact that they need not demonstrate ability to buy upfront.Because of the extent of tenant-friendly laws and how often they seem to be changing (every tenant in the city should have received a copy of the tenant bill of rights this year, if they didn't, any rent increases during their tenancy are illegal), I'm considering putting my property under management even if I owner occupy.

Looking at the map, I see it's further away from I-5 and quite a bit away from Everett city center. 

Some manufacturers started to build the walls with 16in on center just like site built homes which also made for better structure.  

again this measure is at the initial stage of evaluating the listing or advertising of the property as a potential purchase.