The Landlord will verify that the rental is empty of all personal belongings and trash and that there is no damage beyond ordinary wear and tear. 

All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.

This is what I heard third hand, so not sure if it is true but i believe the person got this from the PPM which was noting where the monies were going. 

No personal income or tax returns are required.

Just be mindful that you can't 1031 a personal residence but it might be eligible for capital gain exclusion from section 121.

The only thing that keeps me from owning a house for my personal use is the baggage it comes with like maintenance, time and overhead costs.But I understand It'll cut costs and is something I should really think about.Thanks

Your ability to connect with them on a personal level matters more than your offer.Think about it:  • The “Used Car Salesman” is only focused on closing the deal as fast as possible.

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

I personally think being a landlord in Chicago is easy and I have never had an eviction. 

Personally, I've felt the investment has been poorly run in almost every possible way.