Court of Common Pleas Record.

So in other words, you received 50% of the cash, while the other 50% is 100% disputable in courts making you penniless. 

The cost of a court case is too high for both you & the contractor to bother with so I think you'll have to work it out amongst yourselves.

Hi All, State: IL My tenant is finally due in Court this Wednesday for the first Eviction date.

I'm not sure if most people think about it, but the PM makes about $3 to $5 per day, you cant even pay for gas at that amount to go out and show the property over and over again, take all of the phone calls, process applications, prepare leases, take maintenance calls 24/7, handle complaints, issue legal notices, collect rent, process owner payments, pay bills on the owners behalf, hire vendors, check on progress of work, do interior inspections, process security deposit claims, file evictions, go to court hearing, the list goes on and on........On a side note Dani, why dont you ask a PM if they are willing to do a-la-carte with regard to maintenance, etc... if you are willing and able to do some of the work.

@Tristan S.To my knowledge, they've never been tested in the courts but I do know that many investor friends of mine are believers in them because they allow the investor to segregate properties (typically putting no more than 2 - 3 properties in each series) therefore reducing the likelihood of a lawsuit wiping out the investors entire inventory.  

I would give her a 30 day notice to repair the damage or seek to either evict her for non-compliance or seek money owed due to damage in court. 

Directly depositing into your bank account sounds great on the surface until a professional tenant whom your evicting deposits $1 into that account w/out your knowledge on his way to eviction court.

So whatever is earnest down payment would be liable in this case.Secondly, I found a way to protect assets, so that NO ONE can sue, even if a person, publicly declare all the assets he owns. 

How many times are you willing to go to court for a few hundred dollars?