Purchase price: $265,000 Cash invested: $73,000 This Property is a 9 Unit row home style property, being mostly government subsidised housing it a very secure and cash flowing property.

The banks and governments are going to “fee” us to death to pay back all the lost revenue from covid and to payback the money given out.

I personally agree, but I am not opposed to taking advantage of government sponsored loans either.

The Parties agree that this Agreement shall be governed by the State and/or Country in which the Property is located.Entire Agreement.The Parties acknowledge and agree that this Agreement represents the entire agreement between the Parties.

I am a Government contractor in the IT field and now live in Venice where I am renting a room in a SFH. 

I have been in business for 35 years without government help .

Abilene is government, colleges and pipeline 

@Jayson Robinson Private flood insurance is great and most of the policies are broader as John had mentioned - Since there is usually a drastic savings over the NFIP/FEMA or government policy the private flood insurance market is a great solution for most property owners (especially if the property has never had flood waters in it).

When that happens both Chicago and its surrounding environs will pass rent control laws in a heartbeat.As for taxes, not only are property taxes high in Illinois to begin with, but they will only increase as all levels of government pay the piper for ignoring pension obligations for decades.

Even with all the government financing programs, banks are becoming more cautious as the future economic/employment outlook becomes more and more uncertain.There's even a bigger problem in that right now the inventory is so low that I think rehabbers are paying too much.