Anyone can go read it.

This should clarify whether the charges align with your contract.

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

Does this make them all good assets?

I would suggest that once you are done reading that book - give it about a week and read it again. 

While it was a scary jump at first, we quickly realized this space is actually less competitive.

I don't mean to throw shade at my fellow Illinois residents, but I'm quite bearish on this state for the long-term. 

Hope this helps!

I'm particularly interested in what tactics people have implemented for sourcing quality deals (not the I need 100% financing bs)Would you:1.

The only source for all the local information needed is an experienced local team.