It is regulated and you need to learn the law before accepting any funds from another entity (person) in a syndication.

So, to casually mention eviction before investigating how this might be resolved in a positive way would shock any rational person. 3.

@Jesse Streng  It’s definitely important to have a dependable person here in the city.

Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.

They have a form you can fill out and submit, might be able to do it online depending on the city.  

How many properties have you seen in person during these years you've been looking, but not buying? 

If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.

Together, we can harness the power of technology and creativity to make significant strides in our personal and professional lives.

$280k home for $2,500 rent is a personal choice.

I don't just hand over money unless I have a good respect for the person.