Whether you’re a big management company, a part time real estate investor, or a first - time landlord, you’ ll face the same challenges and (with limited exceptions) be forced to comply with the same laws when renting out your apartment. The key to success is retaining tenants, avoiding vacancies, and staying on the right side of the law, particularly in Chicago, where the penalties for non - compliance with the local landlord - tenant ordinance are draconian and expensive. In this guide, Mike Kravitz hopes you’ll find the advice you need to succeed... Click to the left for the entire article.