The sheer complexity of this matter alone is enough to illustrate the problem, but this is just the tip of the iceberg.

Welcome to the community and be ready for a huge amount of information at your finger tips.

I do not care what the source of the return is  Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.  

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.

Happy to connect and share more tips!

Are there any members in Madison County, Illinois who can provide any guidance on the eviction process, with any tips or lessons learned. 

One small tip: keep your communication channels clear and open with your property manager.

It’s important to terminate the agreement carefully to avoid legal disputes.

Felt like they wouldn't know how to care for an entire house. 

Confirm fireplace has been cared for as part of your quarterly inspection.