@Jamie M.Breach of term penalties - State what can get them evicted (can be any or all lease infractions)Lockouts - Is there a fee if you have to let them in?

@Anthony Kidd welcome to BP.I don't know your local laws but it's typically difficult to evict solely based on late fees.That is unless you have a prioritized payment schedule listed in your lease saying fees are paid first then rent.If you want to get rid of this person, find another infraction to go along with rent.

I might even go further investigating that investor and flip them over for any infractions in RE.

If there's an infraction where someone has been locking themselves in the bathroom and smoking and then throwing the butts out the window into a neighbor's yard, what are you prepared to do? 

Old real estate proverb:  Only thing worse than a vacant apartment is an apartment with a bad tenant in it.NOTES: Screening is key, as already noted; ask for last month's rent up front;  for first 3 or 4 months, do a monthly walk through; have a clause in your leases that 2 or more written "infraction of lease" notices shall constitute grounds for eviction; and finally, if they miss rent payment due date--follow your l/t laws and take action immediately.  

Tenant is in the condo about 30 days and so far has had a few major infractions resulting in ban from public facilities and assessment of additional common fees.

You can check for involuntary by calling the municipality and ask if there are any code enforcement, unregistered permits, vacant registration, condemnation or demolition infractions.

Renting can be a different story as most cities are now inspecting rental premises periodically; depending on the infraction it could pose a problem. 

You run the risk of this tenant going to an attorney, the attorney pointing out RTLO infractions by you as the Landlord, and ending up in court defending and not on the offense.  

Unfortunately small investors (not accredited not even middle level income) bought into syndications in fractional and other spin off shares.Floating rates, ARM's, loans that are required to refinance every five years is the norm for multifamily apartment loans in the south.