@Malcolm Cotton I would say make sure it is a C or a B class property, from your numbers it seems to me that it is.

I teach live classes and webinars, both on what I call retail real estate and investing. 

Managing a small portfolio of lower class C properties, I've experienced applicants lying about just about everything to try to slide their way into an apartment.

I'm going to mail them a SODA via certified mail.A smoke detector was unplugged and I was not notified, tenant was only one cooking.

I have selected a few C class investment properties in NWI that I want to explore further. 

That's very dependent on the market, size of the property, class of neighborhood (low or high quality finishes) and end use of said property (rental or flip).

Very true Joe,Illinois, and Cook county in general, already has tenants friendly laws in place and many tenants are trying to take advantage even more so now with the pandemic and the eviction ban.I drafted a letter for my tenants, similar to the one here on BP, to explain the pandemic situation and its effect on landlords and tenants, and responsibilities of each.I also am letting my tenants know that if they lose their job or have hardship due to the virus they need to fill out an application, that I created, to verify the hardship. 

Low purchase price foreclosure in a middle class area with quick resale potential.

Hey everyone,I'm looking at a property that will end up at an 8 CAP for a 5-unit in an A-class area, value-add deal.

As we know, we can sell a stock or bond with a mouse click for immediate cash, that’s far from the case with real estate where it can take months longer.Whether the spread of return between 10 year T-Bonds and Class A, B or C properties was enough can only be identified in a case by case basis.