Where each person falls on the spectrum will vary, along with your risk tolerance, quality of property manager, quality of tenants, condition of the property, your non-real estate assets that need to be protected, your estate planning and transfer goals, your general optimistic versus pessimistic outlook, etc. 

Some markets are more free wheeling than others about this, and I don't know where South Chicago falls on this spectrum, but you could potentially really complicate your reversion value if the asset is not compliant.

@Jaysen Medhurst Loan terms in Canada, are much better than in the states for some reason. 2.8% is what I would be getting on the high end of the spectrum. 

It is true there's always spectrum to something but I have seen estimates on cost of building a 2000 sq ft house.

As an investor agent myself, broadening my spectrum is essential. 

If it is even partly true that more people will be working from home, my sense is that providing a nice renovation in a decent area with a yard could be the way to go because you could appeal to a broader spectrum of buyers. 

My overall impression is that Cleveland, Cincinnati, and Columbus exist on a spectrum between cash flow and appreciation and in that order (Cleveland being on one extreme that offers the best cash flow, Columbus being on the other extreme that offers the best opportunity for appreciation, and Cincinnati being somewhere in between).

Houston TX$1-2 million Spectrum Realty Group LLC Mckinney TX $1-2 million Westmount Realty Group, LLC Dallas TX$350,000-1 million Networth Realty Usa, LLC Austin TX

Today, this trend is being intensified by low mortgage rates, which are attracting a rising share of first-time homebuyers, who tend to purchase homes on the less expensive end of the spectrum.

There are so many different niche's within the investment spectrum