re: #82 WhatEVs

In IL what happens once a lease runs out is that the tenant is converted to an ongoing 30 day notice non-lease, meaning that both sides only need 30 days notice to say either Move or I’m Moving.

It sounds to me like they want attrition…which often means tearing down the property once certain levels are achieved. Are you in prime real estate territory where a mall would be profitable?

No, this is all residential here.

But housing is very limited in this area until the old farmers sell more land off and it is a desired Charlotte bedroom community on a popular lake—we’re just not lakefront.