BTW, we have received some nice checks years later from a few tenants who decided to pay off their judgment to close on their dream house.Does this practice often result in you collecting some money?

How was the pressure when you checked it in the Logan Square place?

I already spoke to his mother who‘S willing to fill up the application and do background check separate from her son.  

FYI, the house is in a PD (planned development) district-Regarding homeowners insurance - do I need a special policy or add on to standard policy? 

Get "good funds" (Cashier's check or similar) or sit there until a wire transfer goes through.

Legal Compliance: Make sure you’re up to speed on landlord-tenant laws in your area, especially concerning lease transitions and tenant rights.If everything checks out and aligns with your investment goals, this could be a great opportunity to have a steady income stream with minimal vacancy delays.

First, get your systems in place - automated messages, check-in/check-out experience, find a great cleaner, supplies, and make the place look nice and take great photos.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.