I know you're going to wish you documented carefully once the honeymoon period ends and the real tenant reveals themselves.Whatever you do - PLEASE document the "starting condition" even if it's after their cleaning.Best to you.

Each step you take reveals a new horizon.

Each step you take reveals a new horizon.

When taxes go up, they go up in general in higher income areas disproportionately to lower income areas where the owners can afford the increase.I agree - a Chicago investor should tread very carefully now because the debt has not yet been fully revealed for Chicago, Cook County or the State. 

Each step you take reveals a new horizon.

In just a few years, Lone Star’s mortgage servicing firm, Caliber Home Loans, has grown from a bit player to a major force in the market for distressed mortgages.An examination by The New York Times of housing data and court filings, as well as interviews with borrowers, lawyers and housing advocates, revealed a pattern of complaints that Lone Star was quick to begin foreclosure proceedings, whether the firm had bought a delinquent mortgage at a federal auction or directly from a bank.Take Charles and Pamela Hubbard of Sacramento.

Each step you take reveals a new horizon.

Each step you take reveals a new horizon.

These questions will reveal how you manage debt.

Hello @Allende Hernandez,I proposed those areas as I did you research, which revealed where the absentee owners purchase properties.