We have had no greater problems with rent payment from our young tenants than the rest of our tenant population.

I've only done it if I feel they will be raliable, have a good reason why they can't pay now, agree to dates and amounts of payments, and then follow through.I once had a tenant in a house for over a year when she sent me a sob story letter that she had surgery, was going to be off work for two months, had no one to loan her money, wouldn't be able to pay for those two months, but would make timely payments when she went back to work.

The dividends would be taxed in the hands of the children who typically had no other income and would therefore pay the lowest rate.

One time I paid $1,500 for a 15 foot easement, but i really had no choice.

Really creepy and unfair for the actual tenants in those units who had no connection what-so-ever to the offenders.

There had been a small mistake made (it was a different time back then proper protection and operating of your LLC wasn't as crazy as it is now) and because of that they had to settle out of court.So for them it didn't work, however on the flipside of that had the LLC been properly maintained without any co mingling then yes the LLC would have held up to the judge and the judge would have dismissed the case, as the LLC had no assets to sue.

The previous owner of my building had no mortgage and still never managed to make a profit.  

The buyer did show up (late) but being New had no idea what the inspector was or was not looking at.It could be an easy fix for the electrical, so probably worth investing a little time and money at that first.

If I were you I would sell it if I had no plans to move back there at a later time.

What you'll see is Chicago has had no population growth and very little job growth compared to the others.