I call it the "garage sale" mentality.

I am looking at the growth of industry in this corridor as another boost in opportunity to provide working people with excellent housing.  

This can obviously hurt an investor's bottom-line as these changes don't always boost the property's value (higher expenses w/o the correspondingly higher rent/market value that any good investor demands).

Basically the collective mentality makes it hard to make decisions, raise rent etc.

This is to insure that we are all on the same page and they are properly equipped mentally. 

My question: is buying a single condo unit in Chicago a financially sound decision that fits into the BRRR mentality, or should I continue saving and renting until I can buy an entire building?

My question: is buying a single condo unit in Chicago a financially sound decision that fits into the BRRR mentality, or should I continue saving and renting until I can buy an entire building?

You could get 6 to 7 depending on tenant type.So 700,000 maybe 56,000 to 42,000 range annually before other metrics ( principal mortgage pay down,mortgage interest, tax depreciation, rental increases,etc.) to boost returns.My clients like the passive income while they start new companies to build up and sell off again.

To me that sounds like great idea even though it doesn't boost my income in the beginning.

I used to work in investment sales, and this was one of the many methods we would use to boost NOI in the OM.