I have seen the tsunami damage in Thailand in 2004.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Hey @Jeff Ryan - While I can not speak to your exact situation, I can speak to the thousands of homes I have walked here in Chicago, where majority of the homes were built in the late 1800s/early 1900s.I would say that 7/10 of the older homes I look at have some sort of settlement in the foundation, which causes the cracks and sloped floors you are mentioned you are seeing in your property. 

But that means we have to push this out even further and the longer the issue isn't addressed, the more damage that is being done.

Regarding Chicago, the 2024 property tax re-assessment in Cook County should cause some inventory to hit the market, specifically on the mixed-use and multi-family side of things which will be hit especially hard.

If they find out the truth later, it will cause distrust and resentment. 

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.

A tenant should not have to pay for that unless they continually leave food out and cause more pests than your account covers.3.

This could cause gapping.

Yes, in recent memory, aside from the sub prime mortgage crises which caused prices to drop, over time housing prices in New York City has increased substantially.