Cities that had done remediation sued.

My work background is the exterminating business, currently in mold inspection & remediation business and have a myriad of construction knowledge and experience of residential and commercial buildings.I do not have a real estate background other than as a vendor/contractor in real estate transactions.I'm looking to start wholesaling as a low cost way to break into REI business.

There are many different remediation techniques, but this is not one of them.

I would probably start buying later this summer when people have hit the pain point and I would bring in my renovation crew from Michigan who are familiar with disaster remediation.

NOTICE: If Landlord fails to repair a condition that materially affects the physical health or safety of an ordinary tenant as required by this lease or the Property Code, Tenant may be entitled to exercise remedies under §92.056 and §92.0561 of the Property Code.span>If Tenant follows the procedures under those sections, the following remedies may be available to Tenant: (1) terminate the lease and obtain an appropriate refund under §92.056(f); (2) have the condition repaired or remedied according to §92.0561; (3) deduct from the rent the cost of the repair or remedy according to §92.0561; and (4) obtain judicial remedies according to §92.0563.

The relevant section is in the Municipal Code of Chicago, Title 5, Chapter 5-12-110(g) (Tenant Remedies):Here's the link to the law:  http://library.amlegal.com/nxt/gateway.dll/Illinoi...Quoted: (g) Fire or Casualty Damage.

We recommend it be fully evaluated by a qualified remediation contractor at this time.The boards below the bathroom plumbing are rotten and broken and heavily stained with bacterial and fungal growth, there is also a leak in this area .

Damages that they tried to remediate a couple of days before trial and haven't paid me for 7 months.

All in all looks like we need to do a full remediation in the home, crawlspace, and attic.  

Any sales, or long term lease transaction that does not include paying off a non assumable mortgage note will result in a violation of the “due on sale” clause of the mortgage or deed of trust, with one remedy being the acceleration of the note by the lender ( demanding immediate note payoff), within state law guidelines.History has shown that in the vast  majority of cases lenders have NOT accelerated the notes when these violations took place.