Hi Ryan,What's the rent per month and what city and county is located in??Is

Ultimately, I chose not to bid because as I was underwriting the assets of one of three sub-pools that I was interested in, I could see a lot of issues with the assets that I found less than thrilling, and I could see the handwriting on the wall as to where the bidding was headed.

Do you mind linking to the original thread it was posted in? I

Brandon Turnerhey , i feel your pain on the subject.. but mostly I have encountered good tenants in the "winter freeze", so I have been willing to make the concessions needed to get the in. I

A couple years later, I had tree roots in a sewer at the house that I used to live in. I

So my question is, for markets where the price to buy in is so high, is it worth the investment because of other factors, i.e. desirable location, low vacancies, presumed high appreciation?

A house you live in is nothing but an expensive doo-dad like a boat or car.

I've also read posts about successful investors who only wholesale.Also out of curiosity, what area of Chicagoland do you live/invest in? I

Usually they'll tack on about 1.6 % extra to lock it in . I

Only other thing you need to factor in is vacancy and maintenance, however, I have learned that the tenants that are attracted to single fam rentals as opposed to apartments are less transient and more family oriented.