The process and management will take you 1-5 youtube videos to learn about. 

I am admittedly a newb in the process of getting all of this set up for my first rental (so correct me if I'm wrong) as well but I have some IL-specific perspective to offer: From what I have read, as of 1 Jan 2024 in IL, landlords cannot exclusively accept EFT payment of rents (includes Venmo, Zelle, etc.) for leases starting on or after that date.

It was just a waiting game going through the foreclosure process Lessons learned?

I'm moving to San Diego next year from Denver, CO and am looking to make the right personal finance decision in the process. 

@Will Jones, we are in the process of putting an offer on a piece of land in where we will build a building for one of my businesses and then lease out the rest of the space.  

We like to stay in control all through the process..

What's more, these contracts were never recorded before or during the foreclosure process, and the homeowner was actually in default on the first mortgage when they entered into these agreements.

It slowed down their process because the agent had to juggle priorities.

What screening process do you use? 

Since this will be a lengthy process I will attwmpt to fill these units up with short term office tenants, or anyone that is looking for storage space.