The house must have been a more recent purchase based on the balance of the mortgage and current value, so you may end up losing money on it after closing costs.Even if you get $2600 a month, the PM will take a percentage of that. 

We have found several fake applicants so far this year on the north side chicago rentals, especially the higher end units with multiple bedrooms.

So basically my best options are to keep things simple: rent out the property as a whole in the other state or buy a house in my state and just get some roommates?

My partner was not on any official record.

If you increase rents, if you go MUGS and put the utilities, if if if ifHaving owned and sold businesses and 1-2 properties, I have learned that I do not want to pay for POTENTIAL, but want to pay for what it ACTUALLY produces.Of course the seller will want the max, and the real estate agent will also want the max, so will push for the Pro-forma or potential income.....and base asking price off of this.I find that my numbers to evaluate properties almost never work with the asking price (based off potential), but almost always work with ACTUAL value.

If listed discontinue the call.4.

Let people know where you need help and investors in those cities, in most cases There are a lot of good people here who will try and help if they can and will do so without taking advantage of you. 

Remind them that sound does travel between the units, so if they are on a late night phone call with their friends, to perhaps not sit in the room directly under the upstairs bedrooms.

Thanks so much @Dustin Tucker!!

Hello BP ExpertsI have never considered renting out to Section 8 Tenants but now am thinking to do so.