Out of state buy (Illinois) need some help.

[Nelson Leal]

Hello BP,

I live in Florida and looking to buy a SFH rental in Chicago, IL. I've never purchased in IL before and have some items I need help with. Can anyone assist:

1. I have to buy the property under an entity so need help with forming either IL entity or Florida with foreign entity as well as to go with LLC or S corp type. Process/Costs?

2. Local real estate attorney to assist with contract.  Process/Costs?

3. Local property inspector.  Process/Costs?

4. Whatever anyone else can share I should be getting professional assistance with for transaction of this type. 

Thank you BP for the help.