It’s definitely exciting to see suburban Chicago getting recognition as a hot rental market—it’s something I’ve noticed in my own experience as well.

Anything less that 5 years is very risky unless you have cash available to buy the property on a moment's notice. 

Give your current PM written notice of the violations.

Depending on your goals and how you are buying your properties you may notice that certain areas are difficult to cash flow in NH depending on your strategy and what type(s) of properties you are looking at. 

I'd have the PM send notice to the tenants that it was brought to the owners attention and they've waived the fee and thank you for being good tenants.

But don't you notice any irony in two guys debating this example?   

In 2024, I noticed an increase in BP leads that have been high net worth investors reaching out wanting to 1031 into bigger properties.

I’m personally based in Houston, TX, and I’ve noticed over the years that a good realtor can do a lot more for an investor than just listing a property.

Served a 3 day notice this past Monday. 

I know this is well past when you posted but I noticed in the thread that you do some MTR in Duluth.