The STR doesn't provide access to rest of house as common area so they have their privacy mostly.I'm sure you can creative with extra rooms, a garage turned living space, ADU, a furnished basement, etc.Good luck!

Make sure the buy out agreement is worded properly though so it is not a prepayment of rent that will be due in the future.You must refund the security deposit or provide an accounting of sums deducted from it, within 60 days of lease termination.

I'm still comfortable with LTR, MTR, and STR here in CO

They stated due to regulatory changes in IL, they can no longer provide those reports for rental applications.Does this mean I no longer can do a background check in IL or is there a work around with possibly another service I can use?

Any other insight that you can provide would be greatly appreciated.

Tenant has caused physical damage to the property (the interior is overall trashed, the latest damage is to the exterior siding around the main entrance as if from someone wanted to break in)Thank you everyone in advance for your input on this.QUESTIONS:1) Notice to Quit - The new lease signed with our tenant included the following clause: "If tenant breaches this lease for any reason, tenant understands and agrees that tenant has waived or given up tenant's right to a notice to move out unless a different period for providing notice is required by local ordinance or is stated here:..."

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I would do the following, at a minimum:-request that he complete your rental application (hopefully you have a thorough application),-request identification documents (government-issued),-require that he provide you with proof of his visa status and the authorized length of stay,-verify his employment, income, and financial stability, and-contact his previous landlords for references.If he cannot satisfy these application requirements, do not approve.

With rates higher, the seller was more inclined to take less than listing price and was willing to provide additional seller credits. 

My lease states that I can file a landlord tenant complaint without providing notice to quit - if the tenant vacated the property but left me with a squatter (ex boyfriend) that won't leave the unit - would the clause i have in the lease still follow along the same lines for this squatter?