Industrial properties are seeing positive numbers because of e-commerce, buildings are in high demand.

If a good investment with proper seller financing that gives you ownership, sell something.

Collecting a damage deposit is a core task of a PM that you pay for and they either failed to do it, or failed to properly record it... either way, unacceptable.   

At a 5% downpayment, the monthly total payment is ~5k and perhaps the rents could be increased a bit but even then, they'd only be around 5k total monthly gross rental income..after any expenses and repairs you're in negative territory. i don't really understand who would buy that property..I guess an owner occupant who doesn't mind having a higher personal monthly payment still, or someone just seriously banking on appreciation and willing to incur negatives during the meantime which seems silly..but i agree with the original poster that lots of multis in these areas (wicker/logan proper/humboldt) are priced like this kedzie one and basically aren't a good deal sadly, since they are the nicer properties (location and often turnkey wise). have to go further north/west to get the deals. im hunting for a 2-4 flat myself and wish it could be in prime palmer square location like the kedzie unit linked, but the numbers just dont work

All of the structural issues with the crawlspace are all related in some way, the foundation cracks may have shifted the structure a little bit causing the piers to rotate and lean and then the piers, when they leaned, maybe caused the girder to lose proper bearing.

He charge a monthly fee for this client for bookkeeping as well as some aspects of property management, i.e. walking checks to the bank.Back before ObamaCare, I was paying $1,500/month family health insurance which I cannot easily deduct off my schedule E.

improvements, plans, permits, rent rolls, schedule e, T12, proof of deed, homestead address, mothers maiden, lol whatever you can get

the  rental income for  present and  future rental income  can be  counted to a certain degree  ...so this should make your  dti ratio lower ......in most cases  rental properties will   cash flow  positively  or at least  break even   from a lenders  qualifying perspective  ...fyi - lenders  will use  your schedule E  for analyzing rental income  for properties  owned for  more than 1 year

NO on both requests, and if that makes you not want to stay give proper notice and get the H out. 

@Lynnette E.