LLC and Eviction in Chicago

[Frank S.]

Ignore the title of the post, please. I can't change it. 

Hi, 

As I research structuring, I have a few questions.   Any help is greatly appreciated.  

Assume a sole prop Owner moving property management to member managed LCC in Chicago. My wife and I will be the LLC member managers and property Owners. I'm not interested in discussing "liability protections" offered by LLCs, this is related to attorney involvement. 

I can manage my own properties as sole prop, but what happens when the LLC is established in Illinois?

*  Do I need  a licence to manage my properties if I move management to my own LCC in Chicago, Illinois?   If so, it seems I would need additional business insurance  My  personal umbrella may not cover a business. 

* If I receive a city violation and want to contest it, can I attend the hearing or do I need to hire a lawyer? 

* What if I face an eviction, do I need to hire a lawyer to represent me or can I do so? 

* Are there any other hidden expenses related to management by having the LLC vs. sole prop? 

Thanks, 

Frank

[John Clark]

"see if there are any activities that may be currently excluded from self-managing my units."

FORGET the "self-managing" aspect. This is NOT about you. It is about your business pursuits. You may or may not have sufficient primary insurance, but I highly doubt your PERSONAL umbrella policy covers business pursuits, no matter how hands on you are.