This means that you can cancel within that period and still be entitled to a refund of your deposit.6)  When a wholesaler reaches out to me without a contract, I tell them to go and get the deal under contract and then call me back.   

A tenant destroyed a garbage disposal with a shot glass- the next thing in my lease was tenant payment for repairs not coming out of security deposit and specific terms for hourly labor charges. 

The deposit was provided and he actually ended up paying a year up front. 3.

If I am aiming for the national tenant, what kind of TI per sqft shall I expect, how much security deposit I shall collect and  how many month of rent I shall ask tenant to pay advance to execute the lease (1st and last month of rent or more)?

Make sure you understand your rights and responsibilities under both agreements.Collect rent and communicate with the PHA: The Section 8 program typically pays its portion of the rent directly to the landlord via direct deposit or mail.

Another week to collect security deposits, review applications, and place tenant is another $21 per month lost.If the price had simply been reduced by $50 per month after a week with no applications, you've essentially broken even.

The cost of replacing the door is far more than the security deposit.

While the standard Chiacago Association of Realtor's City of Chicago 2023 lease is updated and compliant with new 2023 security deposit rates and local ordinance, we always recommend implimenting an additional "overlay" or addendum that helps protect the landlord against many things that the standard lease cannot standardize that many landlords would like to, like no smoking.

If they lease between November and mid March you are adding vacancy to find the right person at an optimum price so I would  make sure they end leases and set new expirations in the spring to early fall to ensure that.Back to asset class though think of that because if the preexisting tenant is dirty and destructive not only do you need to pay to fix the stuff their deposit won't cover but you also might have 2 to 4 weeks of vacancy before you can even start to lease it. 

I assumed they would put up the earnest deposit immediately.They want me to take my listing down and I refused twice.