They are still paying but very late each month, so I'm afraid of them becoming no-pay tenants down the road. 

All it takes is one inspector to be perticular about the measurement, and it could cost you your entire basement, or add the cost of trying to lower the slab After you completed your remodel, which means a lot of rework...One additional bit of information related to the City of Chicago Building code which I hope will help someone in a tight situation down the road.

Do a house hack then move out down the road.

(C) Criminal history is clean(D) Provide references and call the references2.

For example the driveway would be a "public municipal" road and have to be built to "road standards" such as 8' base and 8" pavement. 

Landlord tenant law has its own version of ambulance chasers that would love nothing more than to make a few bucks off of a landlord that tried to read further into a tenants life than just criminal history, verifiable income, credit score, and rental history.Logically, we would all like to be able to make decisions based on personality differences, family size, possible income drops, or whatever gut feeling we have.

I'm not a Judge, nor a DA, nor a criminal attorney or any such attorney but I AM a Real Estate Broker, and what I understand of the law in the capacity as is required of my licensure, have experienced of it, and seen of it all, as well as read of it, the exact actions in discussion are way too close for my comfort in fitting the definitive. 

The whole situation seems strange since the owner let all three get this delinquent - and managed to place three non-paying tenants.If we're talking about the same one, it's price now is starting to get more attractive for a triplex in that area, even with the need to evict (of course that assumes the condition of the property itself isn't terrible).It will take time and money to get them out or get them to at least start paying again, but usually you get "deals" by agreeing to take on situations like this one.Personally, I'd advise a first time investor client against getting started with one like this and saving that for a few deals down the road.

If clients want to see all my notes, lab tests, radiology reports..... no problem, Here you go.... start questioning my thought process, work up, interpretation of test results or overall approach to the case.... yeah.... you dont trust me, hit the road.

Eventually, years down the road, I would like to sell some of the properties that I have acquired to pay off other properties and own them free and clear.