While many, many units in multis get me to the end goal, the exploration and research I've done around Commercial properties has me considering adjusting my portfolio goals.The goal is to get the car wash cash flow up and accelerate me leaving the "day job" to focus on my REI interests.

(the attorney stated in his letter that I should reply directly to the tenant and not go through the attorney) My goal is to avoid a lawsuit, but I don't want to just roll over and pay all of these fees myself.Any thoughts on this would be much appreciated.Thanks!

My primary goal is to reduce my housing expenses by house-hacking.

Goal is to buy and hold long term in good neighborhoods that attract good quality tenants .Can someone recommend cities across US where it is possible to cashflow or breakeven  on condo investments in grade A neighborhoods? 

My goal is ROI.

Life changes sometimes happen and that's when you've got to change into damage-control mode and leave the emotions behind with the sole goal of getting them out asap.

I'm a local business owner here and always have been interested in commercial real estate (shopping/strip center or individual shops) I'm in the automotive industry so my ultimate goal would be to buy and rent warehouses/auto shops. 

I would say that whether you should wait or not depends on your goals and what you are hoping to accomplish with REI.

water and food shortages, public transport etc etc etc....have some compassion and make some temporary concessions on being a strong businessman and landlord.I would basically give them a one time "get out of jail free" card for late payment.... make it perfectly 1000% clear that this is a one time deal due to extreme circumstances...don't try and push it or there will be an eviction started.If they have been a good tenant and have had the respect to give you the "heads up" that they were going to have an issue paying on time, that counts for something with me....I know this is business and when you give an inch, tenants will often continue to push the envelope and take a mile...if they see you are "soft" they will exploit it.....but this is an extraordinary situation that just doesn't fit the rules.......

You have come to the right place...here you will find all the resources to get you going towards your investment goal. yes, market is hot right now, so finding a deal via MLS in Chicago north side is hard...but you can still find deals if you act early and not look where everyone else is looking...or find properties which need work, get them rehabbed and then refinance out...House hacking via FHA loan may also be a good idea.