They will explain Fair Housing laws that govern how to advertise and screen tenants legally.

The only difference between the two at 15% is that MACU can be done in a portfolio loan which does not affect your max allowed government loans.

To echo the voices above, I do have concerns with the current market with the government imposed restrictions as well as the market being way overpriced.

I think in 5-10 years this neighborhood will not have affordable housing any longer (with the exception of government assisted living on N Raleigh blvd).

I'm in it for the long haul and am learning how to adapt to what our government has been forcing on us.

That's what I did, and then by no coincidence ended up back in Chicago close to my family and friends.You can invest in real estate anywhere, I wouldn't let that govern where you want to live when you are 21 years old. 

Especially since they have suffered from one of the most financially devastating economic crises of our lifetimes.I found some data directly from the US government to support my claim.From the United States Senate Joint Economic Committee (<<< Click Link for Source)"Millennials are still recovering from the financial crisis, which will likely put a permanent dent in their long-term economic security.

State and local governments must continue to find ways to help residents financially impacted by COVID-19 keep a roof over their heads.Click here to have a letter of opposition sent automatically to your Assemblymember and State Senator:VoterVoice https://caanet.org/votervoice/ https://caanet.org/votervoice/?

With section 8, maybe they have to pay a little out of pocket, but at least the government covers most of it. 

Politicians and Government officials have finally found a way to manipulate the real estate business without getting their hands dirty while using the Pandemic as an excuse.