Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

However, there was a lot of additional paperwork, and I had the capital...So I just opted for the more traditional path instead.  

If your hold period is short, it may not make sense to take bonus depreciation.BENEFIT - Clearly additional depreciation is the benefit, but only if you can use it. 

Are you looking to do additional projects like this in other cities/states?

These are professionals with additional training and a stricter code of ethics.

@Cole DobbsIn addition, I may be able to help you and connect you with some key real estate investor players in the Houston, Texas market since I am an Investor myself that have done most of these real estate investing strategies and also an investor-broker who has helped over 400 investors like you. 

In addition you are sharing with cellular network, which gets priority.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

Here are a few additional strategies that might help mitigate risk if you decide to rent the property:Hire a Strong Property Management Company: While you’ve already spoken with some PMs, consider finding one with extensive experience managing single-family rentals in Cook County specifically.

For family life, there are great communities with good schools and a lot of kid-friendly activities.