General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 14 years ago,
Differences between Commercial & Residential Tenant
I have been looking at primarily residential properties where I will live in one of the units and rent out the rest. I have a pretty good idea of what I will be up against in a residential in Chicago. However, I have found a mixed use property with retail on the bottom floor that is fairly priced and offering owner financing. What are some of the differences between commercial and residential tenants that I should be mindful of as an owner? (I am sure evictions are much faster, big plus in Chicago)