As @Neil Narayan mentioned median price for SFH is in the mid $300's in the Austin area and rents for a 2 bed stretch from $12-1500 on average for areas in the median price

I buy the small colorful ones just to be unique.

Let me know your thoughts please." style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; height: 256px;">My business partner and I have multiple multi family apartment buildings held as a General partnership.

.- 1 bedroom currently at $390 ---> market rent $440 (tenant longevity 6 years - immaculately kept apt)- 2 bedroom currently at $495 ---> market rent $550 (tenant longevity 5 years - immaculately kept apt)- 3 bedroom currently at $650 ---> market rent $750-800 (unique tenant situation; no lease, 3 dogs, 4 kids, no deposit, pays rent in cash)- 1 bedroom currently at $465 ---> at market rent (tenant longevity 1 year - immaculately kept apt) Additionally, the current owner is paying for water and gas for the entire building (each unit has its own electric meter).

With that being said, every deal is unique.

@Kelly Reynolds When looking at south suburban Cook County keep in mind that most cities like Calumet City have a rental license program and each city has a unique process so be sure to understand the ins and outs of those towns. 

For that reason, you should make the LLC unique for each property.

Bonus depreciation is a great friend and I hate to see it go, but it does not serve any more meaningful purpose, than MARS depreciation.1031 is safe, it has been around for a long time and it is not unique to real estate. 

Most developers have brokers hunting land and bringing in deals regularly so the chances of finding something unique or of value to a developer is going to be an uphill battle.

Some reasons why so many people are flocking to invest in this cosmopolitan community would be:- Low inflation- One of the safest cities in Ohio- Low cost of living- Growing metropolitanToledo Investment Properties provide investors with a unique comprehensive platform that makes Toledo a logical place to invest in.