Tenants are required to upload numerous documents relating to their financial situation, etc., which leads to questions, delays, foot-dragging...I have a few applications submitted, but have not received any follow-up from the state on processing or approval.

Every year you own the property you should have more equity through the principal being paid down on the loan (by the tenant) reducing the amount owed on the property, and the home appreciating over time.Let me go through a numeric example with you on these builds specifically.We will use a new build that is priced at $238,000 that has an estimated market value of $285,000 upon completion which is typically the range that we are seeing with the new builds we are working on. 

Many consider it a war zone.

She has split her "discount" between the tenants and, just recently she had her boyfriend move in with numerous vehicles, a great dane, etc.  

@Mike MedinaToo many variables...basement or no basement....simple truss roof system or cut up with numerous gables and vaulted ceilings....viynl siding or brick and stone....covered porches or treated decks....i could go on.Do you have a set of plans drawn ?

The condo owner finally had to evict after the HOA imposed numerous fines on him following repeated demands to keep the noise down during quiet hours were ignored.

Image if I had 30, just 3 x those numbers.Directly investing in a turnkey rental or small MFH is a good way to start to learn and build up the war chest to go into my scaleable investments such as private placement syndications.

You could go park your money somewhere else, so when challenges arise with real estate, you need to have the drive to stay with it, and that will only happen if you have clear goals that you're working towards.Also, you need to get educated about what "investing in real estate" means to you, as there are numerous channels to utilize and it can often feel overwhelming.

Good income, bad credit, and a google search revealed numerous personal lawsuits against anyone he could have, including his university.

In Chicago, we have numerous areas that fit this description.