Quote from @Kyle Carter: What role does insurance play in protecting your investments.

Out-line in that letter the violations according to the lease that he is in violation.  

I have seen these circumstances; people die, go out and buy a car, lose their job, etc… Just my own two cents, I’m not an attorney, just play one on TV

With a 3-5% down FHA loan, I snagged a cozy home in a hot spot, worked from home to play handyman, and created a hedge against the "what-ifs" of life.

Getting more mortgages does not help me with the two issues I outlined - spending less time on real estate and freeing up head-space.

Because of this, I put up a sign in the hallway that says we are now implementing quiet hours, and I gave each Tenant a piece of paper outlining quiet hours.

My experience has been that although I outline the requirements for tenancy in my properties, both brokers and PMs still send people who would qualify for most property owners but do not meet my outlined criteria; and then are SHOCKED when I reject them.  

@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.

Review your management agreement—it will outline all fees and responsibilities.

We outline our criteria if they express interest so they know upfront.a.