No bond and a large number of repairs and expenses I am going through once again......when I asked them why they didn't inspect the house if this time they knew one month earlier that the tenant was going to leave (I was notified one month earlier) they said that inspections for routine have an extra charge of $75 per inspection.

They seemed to be happy and they nodded in understanding.THE SECOND MONTHSomehow during the second month, when the newness wears off and the happiness falls into a routine, the new tenants become confused.

Next try to get in the routine of watching and reading things about the field you are looking to get into and learn as much as possible.

Although my firm handles these types of matter routinely, @Stephany Trombello also provided a good referral as I have worked with Mr.

The allowance for monthly routine maintenance is 6%(All good), What's the budget for Capex? 

Clients I rep that have holding portfolios in excess of 5 mil/25 units are routinely contacted by lenders who have "deals" on rates or who are looking to lend in specific areas.  

As strange as it may sound and as wonderful as it will ultimately be it may be a tough adjustment for her into early retirement after the routine of putting in 60 hr/week for years ... be prepared for that and support her through the transition, which I'm sure you will.

Before today I actually thought I was a pretty good landlord...provide a quality product...have all my tenants setup on routine maintenance visits, and even send out gift cards around the holidays. 

I know nothing about IL law, but putting a lis pendens on a property is generally routine and simple.

Did not vet tenants but they have been paying for a number of months and get along.Obviously, I would do more due diligence on the property but it brings up a point I am sure many are interested in...how do you go about assigning new responsitbities, rules, protocols to tenants who are already in said building with their own established contract and routines, etc.?