It's plenty simple to say any payments made first go to any outstanding balances, then rents, then parking spaces.

The banks will withdraw money and hold it in limbo for awhile-- they use this "float" to increase profits.

And for another the response is terrible.Here's what's worked for me over the years from worst to best:POSTCARDSMailing a postcard with a simple "I buy houses in your neighborhood" type message.

I increased the rent by 50 bucks.

I could increase the cash I have up to 140k since I could get some money out of my 401k and also trough some friend loans (I prefer not to do this).

It may take two years to execute, but you can cash flow during ownership and enjoy an increase in value from improving the performance of the property on sale or refinancing.

I would increase your CapEx and Maintenance expenses (I use 10% each for older, lower valued properties), but I err on the conservative side. 

” (35 ILCS 200/15-175) The amount of exemption is the increase in the current year’s equalized assessed value (EAV), above the 1977 EAV, up to a maximum of $7,000 in Cook County and $6,000 in all other counties.Our scenario is my mother and step dad live in a SFR of ours and their rent is solely based on the total costs of the property (mortgage, insurance, and property taxes).

I just increase my rents by $50 and say water is included, job done.

No reason to over complicate what should be a simple low cost deal.