If you want to buy  STR or MTR, i recommend buying next to hospitals there or near strong economic bases.

I would underwrite buyers based on stability of income, financial payment history & ability to pay.

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

I'm sure it was highway robbery - it certainly was based on the man-hours it took - but when you are in a desperate situation, you do what you have to do to get yourself out of it.  

I would recommend you begin researching Chicago based meetups as there are a bunch of really good ones.

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

Every market will have a data center, not sure how this will deviate from the curve of market-based anticipation.

When an appraiser is adjusting a comp to match the subject property, he or she will use an adjustment based on the difference in square footage.

Many view section 8 as a security blanket because of the government subsidized rent and turn to the program because the neighborhood tenant base is deemed even riskier.

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?