We're currently using it as a replacement to security deposits but I'm considering bringing back deposits since there are certain costs that Waivo doesn't cover.

I've had to file the claim for the property and I hope it isn't too big of a deal because stuff happens that is out of my control. 

In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?

You could try filing a case/judgement against them but I’m guessing they ar leaving the area to screw over the next MTR landlord.

Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showin...

MikeI would definitely go with changing out the stuffing of the cushions, Mike.It's best to have a response to every single last review on file.

What are the annual filing and permitting requirements?

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

Quote from @Keilon Morton: I am looking to secure my first tax sale and need another investor to go in on the deal.

I always check probate courts for estate filings and possible Conservatorship of a senior.Another possibility is that ownership has already changed and title held by entity, just waiting to take next step to rehab, demo, assemble other ownership, etc.