What Chicago City inspection report did your realtor find? 

WA is not a landlord friendly state, but if you are going to invest in WA, the eastern side has some hot spots like the tri-cities area that may yield good cash flow and appreciation and still be close enough for you to go there when you need to. 

What exactly would make a city board approve non-affordable (i.e. not Section 8)  apartments?

Most cities do not allow "boarding houses" and/or have a "no brothel" law. 

Definitely better schools in Rockwall, I think more people commute into Dallas from Royse City than Rockwall too.

I would be delighted to connect with you if you ever think about out-of-state investing and want to learn more about the Kansas City market.

Close to Rellis and the job growth in what the City of Bryan is calling the Texas Triangle. 

He gave me some pointers on how Akron is an upcoming city and investment here will be very good.

What if the city shuts the entire thing down until the basement is converted?

-As far as trying to sell land with no access, sometimes I've sold those to neighbors who want to increase their acreage, or utility companies, cities or other public entities who could use the piece for whatever reason.