Yet the eviction process can be lengthy even with non-payment issues.

Based upon agreement we can also take legal action against them (but that can be lengthy process).I hope this information will be helpful for not only to answer my question but if there are more people from India raising questions on BP, it will be useful).But looking at rate of interest on bank loan in India, it will be always difficult to buy a positive cash flow generating property (as I am buying property with help of bank loan), Because your EMI will be always higher then the monthly rent.

It ends up being a pretty lengthy list.

Each of them focused on different market(s), varying neighborhood demographics, and with slightly different investment philosophies.Without getting into a lengthy step-by-step explanation, my suggestion to help point you in the right direction is to focus on markets with a stable housing market, and a growing (or stable) local economy.Once you've identified the best market for you and your investment goals, then select neighborhood and property combinations that make the most sense.

I would warn you about cook county eviction process and the lengthy process that it is.

Also, it could become a lengthy process and ultimately say no.

And, as far as I understand it, they stay with the property/case number for four months.I wouldn't bother appealing the "bad" appraisal since the process is lengthy and the burden of proof is on the appeal-er.

If you chose to invest close to home you need to work hard at finding distressed situations Divorce, inherited property that the family cant manage, property where real estate taxes are years overdue etc.)

He/She should inform you at least 5-days before hand if payment will be late. 2nd strike, enforce a overdue fine. 3rd (and hopefully would not be invoked) is a legal action.

I found out who the CEO's (as well as several top level executives) were and composed an email.Since BOTH lates only happened once (and I pay most of my Credit Cards via my banking account, weekly), they were removed.The email was lengthy and mostly filler (i.e. let me start out by saying I think your store/company is great, yada yada yada).