I do inspections semiannually.In my relatively short tenure as a landlord, tenants that are "up to no good" have both (a) paid rent like clockwork and (b) been unresponsive to any communication.In addition, my lease has the following provision:  (o) You shall keep us informed of your current contact information at all times, including phone numbers, emails, and emergency contacts.

There are also many other costs that your servicer will provide on a menu style format.

The entire 2 flat project with an addition at the top took me about a year. 

Tenants typically will default in paying utilities before they default in paying rent.Introduce yourself and your management style as soon as you can.

I will focus on small multifamily properties and single family homes in the short term and possibly trade them in Monopoly boardgame style for a larger apartment complex in the future.

I've done this before and it has worked nicely.Other than that, consider whether your lender would allow an additional loan to cover closing costs.

I look forward to connecting with other agents as well in addition to investors.

We inserted a partition wall in the large addition on the back of the property to create a master suite, and a family den.

This is what I'm looking at:https://chicago.craigslist.org/sox/reo/d/mixed-use...Additional pictures of inside: http://www.inexpensiveproperties.com/index.php?

The home is deemed inhabitable due to the unpermitted garage addition, but there are currently tenants living there illegally.