At the very least the tenant claiming they didn't know where to pay the rent the 1st month can cause an extension in the eviction.

I am an investor in the city of Chicago and have researched the neighborhoods you listed, and many others, extensively. 

We've coordinated for an extension, and are trying to isolate which unit in particular has the meth issue. 

Her specialized knowledge about real estate was more extensive than mine because that's what she does for a living.When I buy a home again where I'm living now, I'll narrow down the list to half a dozen candidates and ask questions about those.

The building has the potential for 4-5 tenants- hair stylists, massage therapists, artists or office space.  

If the work is not 100% complete by the end of the Escrow period, loan may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.

At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. 

And even with the CRE loans I manage, none of them go out further than 7 years; average is probably 5 years with extension options to 7 contingent upon meeting extension hurdles (DSCR, D/Y).

And if disaster should strike, you may find you need more extensive work on occasion.

Being a note investor, I think, gives me additional advantages in real property investing that I would not otherwise have developed, i.e. creative financing techniques and approaches, more innovative marketing approaches (note appraising, to name one but there are quite a few others), extensive experience with negotiating and finding workable solutions for sellers and getting more offers accepted, etc have really increased my ability to find and negotiate very favorable hard real estate deals.In short, note investing has helped me immensely in my real estate acquisition efforts (I did things in "reverse" order-- notes first which paved the way into my real estate.)