When I sign a rental contract, I take one copy for the tenants to sign and I use my iPhone app “Cam Scanner” to capture the paperwork and convert to PDF.

When we had bedbugs show up in a unit, what they told us was the tenant had to capture one or kill one for them to be sure that's what the problem was.  

Be sure you have a completed move-in inspection check-list and do periodic inspections during tenancies, so you have something to compare against after the move-out.We also use a Return of Possession form, which makes it clear the property is back in our possession and captures the tenant's forwarding address.

You may want to consider reaching out to your State Bar's Lawyer Referral Service found here: http://www.illinoislawyerfinder.com/find-a-lawyerOr, alternatively, you can ask your Creditor's Bar Association located here:http://www.ilcba.org/There are two kinds of Debt Collection firms; large "captured firms" that handle only major clients, and then small shops who handle solo clients like yourself.

Account Closed I failed to mention that the benefit of fixing up the property by ~$15,000 isn't necessarily that rent increase of ~$200, but rather the forced appreciation that I could capture with a cash-out refinance.

This is a model we use in Arizona and it seems to work really well and it has allowed us to grow our portfolio with little of our own money into deals yet still increase net worth substantially with each purchase we make because of the equity capture of our total amount into the property verses the ARV when finished and refianced.

Thats what I want to see.That means I'm capturing about 40k to 50k in equity on every deal and my net rental profit is roughly 150 to 200/mo.But there are times when you'll go outside of that box.

But, most of the time, that's the only name I can capture to notify of my reply.

One of the things I capture is the first Craigslist day (it shows how long ago it was posted), and I include the latest day I've seen the ad.  

And you have 5 years to do it while still capturing that those tax-free gains.