Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.

To be fair, I'm not saying the Midwest is a bad market but you have to be really careful where and what you buy. 

Also under the Fair Credit Reporting Act. 

We have project management software, Buildium, so the day-to-day tasks there are fairly well taken care of. 

They have more skin in the game then you do.Make sure you get clear title.

House have good layout, good area, great schools, price point was fair for that area.

A fair warning, you'll be wading through complicated info.  

Comparing your post to my experience thus far I feel I am in for a fairly robotic loan experience.I have yet to see the actual loan agreement, but I have requested this and will report back when i get a copy.  

I’m in the area around the Fair Grounds and Westbrook Park, great rentals!  

At the time it was fairly easy to find properties that needed enough rehab that you could really force up the ARV.