What is most common for small, 2-4 unit buildings where the RLTO does not apply? Do most rentals have an application fee, and a separate move-in fee or security deposit? Given the market, wouldn’t that result in collecting a bunch of application fees that you then have to return? Full disclosure, I’m a landlord and I have been renting through referrals for years. First time going out on the market in a long time and much has changed in the Chicago rental landscape.
u/BoardSpecial157 — 7 days ago