Eviction and foreclosure are two common real estate processes where you always want to use a lawyer from beginning to end.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

And if someone needs to borrow $1,000 or $5,000 or $10,000 for a non refundable emd, what kind of security do you get?

You'll find a ton of kind, supportive, and helpful people here.Are your existing 7 properties currently in Chicago? 

There is very little technical knowledge needed, but there is a lot of common sense needed.I would google "rental property investing for beginners" and see what you uncover.  

Would love to connect and see what kind of Investing strategies and types of properties you are interested in.

"Is it a common practice to report it as a loss even though I fixed it out of my own pocket?" 

I don't know your market at all, but it's common for neighborhoods next to the hospital to not always feel safe to out of town nurses--- so just know proximity isn't always the main point.

You think through the major systems in the house (roof, exterior or tuck pointing, hvac, plumbing, electrical, unit turns, common areas) and if they are all new you should be good for a few years (5-10). 

ThanksUnfortunately, that is kind of where we are at right now.