In this sagging economy, homes can sit on the market for weeks or months. So, would-be sellers often move on, and instead of handing the keys over to new owners, they hand them to tenants. Sometimes that goes well — sometimes not.
"This is the new reality," says Chicago Realtor Frank Maguire. "Our market is, you might sell your home or you might not. There's a whole world of people who are unintentional landlords."