You are NOT allowed to threaten with the status.

I just wanted to bookend this thread and add to the record here for all other Chicago landlords that are threatened by tenants with a 2x security deposit fine.Note: the following are only my opinions based on a recent experience and conversations with attorneys.

Hey guys, it's good to finally be here. I bought my first mobile home about 6 months ago and have been renting it to this couple and their kids for most of that time. The home is in a mobile home park (~15 units), a...

What they said...Having recently removed a tenant (different circumstances) for threatening behaviour.

You can later assign the beneficiary to your LLC, as it is a private document, there would be no recording of it in any public records.If your lender further down the road threaten to use the due on sale clause unless you can prove that you are still the beneficiary, you can always assign it back to you if needed at that time.

I found tenants but it took longer then it should (I was at over 2 weeks) when they did find out what their neighbors(only took them 3 months) were paying they threatened to leave unless I lowered my rent.

To be honest I dont really know....for me personally its blue collar workers that cut the grass more than 1 time every 60 days and walking the sidewalk at night is not life threatening...that C class to me....lol

During the eviction they made our lives a living hell threatened us with all this liability crap, which got thrown out by a smart eviction judge.

Luckily, we threatened the builder and his insurance company paid for the repair, which came to almost $15,000.00. 

If the note is not assumable do not push Wells or threaten to sue they will call the loan ~ make payments exactly on time and continue with insurance as is an MAKE SURE YOU HAVE ZERO Health and Safety code violations in the property.