Can I sell the house despite the fact that it is nonconforming to zoning laws in Peoria IL?

Once the lease is up, it will be dependent on your local laws.

Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

Based on PA law, are we limited to only hold on to a security deposit amount not greater than one month's of rent ($1250)?

He did not follow 3 of the conditions in our contract amongst many laws it appears as I read he has broken  (DTPA, Chap. 17, Bus.

I envision no rules being broken and neighbor may want to complain but all would be legal so she would be complaining about what laws allow so it would be her issue and not your issue.  

It sounds like you won't have any trouble qualifying..In Oregon there are some tenant laws that can restrict active CAP rates, but those with current market rents (or that can attain them near term) can approach double digit return rates.

Study your eviction laws and be prepared to act immediately.

I fall into the camp of getting lots of umbrella insurance, being a responsible landlord and knowing your landlord-tenant laws.