Unincoporated Rental Pros/Cons

[Pat Dansdill]

Hey BP,

I'm considering a BRRR property in the Chicago suburbs, and it's located in an incorporated part of town. Near schools and a major intersection (not far from amenities). In thinking through getting it rented...what are some pros/cons to having a rental in an area such as this? Illinois has high taxes, and being unincorporated, it would obviously lower the taxes, but from a renters standpoint, what would deter them from wanting this property. The only thing I can think of is having well water.

Thanks for your insights!