Cost of Bad Tenants

Ever pondered on the true cost of a bad tenant? Picture this: A property owner in Chicago had a tenant who consistently paid rent late, caused property damage, and even engaged in illegal activities on the premises. The landlord spent countless hours managing the issues, lost several months of unpaid rent, and had to cover the cost of repairs. All told, the financial toll was in the thousands, and the emotional cost? Well, that’s harder to quantify.

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