If suddenly a 50,000 unit complex opened, without any public input, in the same neighborhood as all of your units, offering $50 rent and state-of-the-art facilities, would you feel that someone should come in and protect your investment by guaranteeing a minimum rent?

Exterior capital improvements are complete, except for a laundry facility we are planning to add. 

was that a slip or a slap at Cook county :)also some states are pretty competitive like CA OR WA darn near par for those ..

Get basic cooking things--toaster, bender, set of dishes, pots and pan, mixing bowls, mixer, serving spoons, spatulas, flatware, etc.4. 

@Jean JosephExperienced cooks everywhere in the world prefer gas ranges.

At least all the heloc's I have seen had this language.. does not mean you could not negotiate it out of the note.. but I would think that would be pretty tough to do as its buried in their boiler plate.this really came to roost for us in the GFC were I had large 5 million dollar plus Lines of Credit that were all on 1 year revolvers. which is standard for those types of facilities.. we used the money to buy foreclosures and flip them. 

We are also going to redo all the common areas and laundry facilities.

Or they have an adult child just out of prison for cooking meth, but with a job promised with adequate income, do you take him? 

In response to your PM we don't invest in Chicago or Cook county. 

This will get him and his wife the funds needed for a senior care facility for a year.