Most people would rather have the homes in their neighborhood occupied by the owner instead of a revolving door of renters. When you buy a property with no plans to actually live there you’re just sucking up the housing supply simply to profit while making it more difficult for buyers who want to own a home to live in. Blatant greed can make people a little grumpy.

Also not for nothing but your post history shows you saying you moved here from India for work and you live in a downtown apartment rent free? Seems like you’re trying to imply you were born and raised here by referencing your family being here for 40 years which is pretty disingenuous.

Sorry to see you get so many downvotes on your reply to my question. I know you're a regular in this sub & hope you can get some useful intel.

I don't have any specific advice about rents / math to make that kind of investment work, or not.

I've lived a few blocks north of Communipaw near West Side for many years. My little pocket of the neighborhood has always felt very safe. I'm not on the streets south of Communipaw every day, but my take is it's more block-by-block: some good spots with folks looking out for each other; some spots with drug deals & shady stuff going on.

My guess is that over the next 10+ years there will be more investment in properties within walking distance of the West Side light rail station. The place you're looking to buy isn't super close to Bayfront - but businesses all along Westside should get a boost from that development.

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