I estimate the value in the $142k - $180k potential based on the first few comps within a close proximity of the home.  6800 Kelmscott just sold for $142k, little smaller by 280sqft. 2645 Green Mill just sold for $177k and is same size/beds/baths.

I am going to be acquiring a 16 bed 8 room ALF facility through foreclosure.

And every day I go to bed knowing that tomorrow I'll be more equipped to handle the next challenges that come up.Ask yourself: What am I actually afraid of?

I've been a part time real estate investor since 2000 and  currently have 38 student rental beds across four properties.  

Ok, we'll go find another agent.That's how it works.Also, real estate is life-or-death for most people. 

I would definitely say this is a C class building.Last point first; Class {A,B,C} are generalities comparing your unit to the community average rent for the same bed/bath configuration. 

I guess my two biggest fears are that I want it too bad, and I'm worried I'll justify making it happen, or I'll sit here and nit-pick it to death, and someone else will walk away with it

So maybe you have a 2 bedroom, 2 bath, 1500 sq ft townhouse and you do the search and it will include 2 bed, 1 bath, 800 sq ft apartments, which will give you a lower average rent.You can take this into account on rentometer because you can see each individual data point on the map.

Many folks believe that because Chicago is much more diverse in its industries, economy and has better job creation strengths, that Chicago will be immune from Detroit's death spiral of (a) borrowing and pension debt, (b) failure to control the costs of government, (c) loss of state revenues, (d) bad public schools and (e) ever increasing tax burden for working, middle class families.My interest in this question stems primarily from the dramatic price declines in Detroit real estate prices before its municipal bankruptcy. 

In CO, we are not required to disclose information that would unfairly stigmatize a property - like a death in the property.