So, now the software and access to him and his team is free for him to wash, rinse and repeat!

So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

It's a very stressful situation for our team to keep having to contact you guys every month about our money.

@Manoj Mathew Is this allowed in the PPM-legal documents that your funds can be used for different assets/projects than were defined? 

It will be easier once you have a good team in place and know the ropes

I would focus on building your team.

@Jacob Dalton, I'm going to have to agree with Jonathan Klemm (sorry, couldn't tag you) & @Brie Schmidt -- you can definitely be a successful landlord in Chicago with the right team in place.  1000's of investors do it every day. 

You can't blame that on poor market conditions.I've been in contact recently with the Fairway America team and they've been utterly useless. 

The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?