My opinion, during an inflationary period, real estate is a good place to invest.

The average hold period was 25 months, with the longest being 36 months.

She will most likely have to notify the landlord of the problem in writing, wait a specific period of time, then deposit rent into an escrow account. 

I've tried various things: shorter inspection time period (typically it's 10 days here, and if you do a 3 or 5 day inspection time you can be attractive b/c the seller can get it back on market quicker if you find something you don't like during inspection period); non-refundable earnest money (maybe $1000 of money that you will not get back for any reason on your side - not if the seller breaches-- should the offer not go to completion - this shows you are an extremely interested buyer, but you could lose the money, so use cautiously and with the advice of your agent who knows how to correctly write that into the contract); put a limit on the repair request no required by lender - cap it at $0/as-is, or $500; a higher earnest money - like $5000, shows you are serious.

Things that we have discussed are rights of refusal if either party wants to sell their position; a minimum hold period of 7 years, & only making withdrawals if there is 10k reserve in the shared account. 

Always document, have them sign an addendum to the lease if it all possible with a very short description of mutual agreement termination (no need to be specific here, I would suggest just termination dates by mutual agreement... period).   

I also would periodically contact the tenant to see if they had any updates.... and thankfully  I finally heard that the govt will pay this tenants rent til jan 2022 - when I will actually get the money is a different story but at least the said they would pay it. 

In Illinois you have to have it to wholesale more than one house in a 12 month period. 

For example, If you paid the GC for a part of the work, and the GC never paid a sub-contractor, the sub-contractor (within a certain statutory period of time) has a right to place a lien on the property.

I was given the advice many years ago when I got into rentals to just hang tight and see what happens....fast forward 10yrs and they are still kicking strong.....my 2 cents Good point.... except for 2 things I consider: 1) sometimes it's better to replace an old appliance when it's nearing the end of it's life rather than get that call from the tenant - and that call always comes on Thanksgiving day or Christmas week.....2) Newer appliances like these are SO much more efficient that over a period of say 5 years you will have recouped much of the cost anyway.