Its by far the hardest thing to do in RE.

First we directly pay all the duly owed utility bills, but then we re-bill to the Tenants on a % of square footage basis as a "recoverable."

Tenant is required to notify Owner in writing of Intention to Vacate or Intention to Re-new at least 60 days before the expiration of this lease.

A great way to start is by attending RE events and joining a local investors association.

It sounds like you are just getting started on your RE journey so I'll point you in a few directions and give you some ideas and some things to think about.Firstly, I'd recommend reading all the books on RE - preferably the ones written more recently as the market has changed drastically over the past few years.

Hi,Once someone passes the Illinois RE exams, what are some options - in addition to joining a brokerage, which seems to be mandatory - if they want to just buy and sell for themselves? 

I'm looking to expand into RE and couldn't be more excited.

Question: what is the $2k for re-leasing costs?

Until you know the process you do need a good RE attorney who knows the process well.

Disappointing to hear that the 8s are high, but at least the numbers still cash flow and we're in deep on this deal, so I'll consider my options here and consider what a re-finance looks like later.Appreciate your input guys!