Tough hit, great attitude.  

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

However, IL landlord/tenant laws are tough and are worth taking a deep dive into if you are going to investLawton, OK - Good opportunity for sure as many mid-American towns like this are prime for investors.

I am about to do one of my first ground up construction projects with the intent to rent in the area of Athens a little further west. 

Hey @Rich O'Brien, late to the party here but curious to see if you were able to find a way out of your tough situation.

My tough today is different than my tough next week.Many new(er) investors struggle to manage their rentals well.

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

A $10M project repurposing a former grocery store into a dynamic dining and social hub in the heart of FUSE.🚀 Big things are happening in Gastonia—what are your thoughts on these developments?

It’ll cover you in case there are any disputes.I know it’s tough, especially when other tenants are being affected, but it sounds like you’re handling it as calmly and professionally as you can.

I'm very proud of my New Orleans property; it will be tough for me to sell it one day.