What amortization do they offer as this will effect your numbers and cash flow.Prepays, points, and origination fees?

I bought property in January, cancellation would have been effective end of March,

@Al Williamson so you have done this before (negative pressure system) and its an effective method?

Under the Chicago RLTO, the landlord’s “remedy” for non-payment of rent by a tenant is to deduct from the security deposit.Now the punch line: The infamous lease provision disallowing use of a security deposit for payment of rent effectively waives and foregoes the rights, remedies, and obligations set forth in the Chicago RLTO 5-12-080(d)(1) as stated above.

Bill Gulley Thanks for the leading questions...Does cashing out after 7-10 years something you recommend due to depreciation effect?

Our building inspector is very thorough - took him 12 hours to crawl through a 6-unit we purchased a couple of years ago - and paying him $800 - $1200 has proven to be a cost-effective use of our time.Have you determined your rent-ready strategy?  

Sounds like you are off to a great start.You should definitely be adding all of you leads/contacts into a CRM to effectively manage them and optimize your leads through follow up.

If the deputy is not licensed, he is illegally practicing real estate by acting as a property manager for someone else.There's not much you can do about them asking for higher rent because of the improvements you made, unless you have a lease in effect.

I see these types of cabinets often, whats the best and cost effective way to update them?

I suspected I may get an answer to that effect.