I was even able to travel to a country I always dreamed of traveling to since I was a child whilst maintaining my airbnb from across the world (Japan). 

Usually, they just want that and will stop, but there are always some outliers and sometimes it is our fault and our job is to respond and correct and accept the review.Your second point is fair too.

Much of this is due to the fairly low actual prop tax (rate actually paid) and that there are so many income brackets (many people pay no state income tax). 

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

@Robert Quiroz, I know this is fairly well covered at this point, but I align with Robert...  

The fact that you think the tenant is a pain has nothing to do with how you maintain the property, you could be creating legal and maintenance problems for yourself by not taking action. 

Age: I think it will but you can minimize it by being knowledgeable, professional, confident, and fair.  

Our other 3 buildings (two duplexes, one 3 unit) are basically stabilized at this point so just continue to maintain them and build the reserves even larger from the cash flow they spit off.

Hey James: These are note from an attorney that we use to evictions hope they help you.If you need exact notices may be I can paste them on here so they will help everyone is IL that needs to do an eviction.Eviction in Illinois Are Done By The Following Rules:There are some exception like the city of Chicago, Evanston & Cook County but the rest of the State Of IL is fairly straight forward.

I think then that if you were me you would use the 200k to purchase something outright in cash, and not use the 200k for down payments on 1 or multiple properties - fair?