Do you think this issue is specific to banking services or what do you think is the root cause?

Drywall installation and finishing is harder than most people think and whoever did that job - see the tape showing - didn't think too hard about it. 

I like to have my paperwork pretty, neat and efficient (Im thinking about getting an application ready).

May I also add… diversification should be a may focus for income generation, think about a portfolio of investments. 

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I think alleging fake it to you make it just hugely rampant in the MF syndication space..

Which makes me think it’s a smaller operation.

Think multi unit residential, commercial properties, or purchasing houses “subject to” existing mortgage.  

I personally think being a landlord in Chicago is easy and I have never had an eviction. 

Instead of evicting them, i was thinking is there some way that I could rent it back to him for very cheap (mainly to cover just the taxes/ insurance) ie 2k a year rather than the going rate of 2k a month for similar properties.