Tenant in Unit B got arrested and has been in jail for a few weeks with a court date for their criminal act in September.  

In fact, they have passed the screening process (criminal and credit check) with flying colors and would like to move forward with next stepsHere is my predicament - they are moving from out of town and found my place online and love it.

No criminal or financial concerns.

But it is making the hair on the back of my neck stand up.The loan payment is really soft at 3.75% over 30 years, but it has a lot of provisions whereby I can't:- use the loan proceeds except for "working capital,"- can't distribute assets or make loans to myself or to any other company I have an interest in,- have to keep detailed records on use of loan proceeds and all other income and expenses, and- many other onerous provisions.Then it has civil and criminal penalties if I violate any of the numerous "hard to understand, let alone follow" loan provisions throughout the document.Please see the actual promissory note and loan authorization packet attached here and please let me know what you guys think about this:https://www.dropbox.com/s/0p7iwe68c1f4qd6/SBA%20EIDL%20Disaster%20loan%20Promissory%20note%20and%20loan%20authorization.pdf?

You want more then just an eviction attorney (especially since none but criminal evictions can go forward at this time) you want a Landlord attorney.

My buildings are all in Cook County, so we can no longer ask about criminal history on the initial application.

., then ask "finalists" to Apply through Zillow, which will give me their credit score and criminal background/history.

It gives you results for credit score and details, criminal history, and nationwide eviction.

With comprehensive applications -- including pulled reports from TransUnion and nationwide criminal background checks + credit score + full credit history breakdown + eviction history -- the right platform should make it as seamless as possible for you if you're managing on your own.

If it was built in the 1960s it could potentially have aluminum wiring, which isn't necessarily a deal killer but is far from ideal.I mean no offense by this, but if you're still learning the basics of cap rate you should really get someone experienced with small apartment complexes on your team to come look at the property with you.