How to manage tenants if you are living in the same unit

[Jessica H.]

Hi everyone, I'm looking to buy a condo in Chicago and use it as my primary residence but also rent out the additional rooms to roommates. I was looking into the Residential Landlord and Tenant ordinance but it was unclear to me if my situation applies to it since it states "The ordinance covers most rental properties located in Chicago except units in owner-occupied buildings with six units or less; most units in hotels, motels and rooming houses, dormitories, shelters, employees' quarters, and non-residential rental properties, and owner-occupied co-ops". 

Does anyone have any experience they could share or resources they used to manage tenants in this situation? Also, where/how do people draft up leases?

Thanks in advance!