Tell the parrents, that the child needs to be added to the lease, and have that child sign all the same documents, and pay for a deposit and pet fee for the cat.  

Tenants rights document from AG says, " Seeking Rent Reduction If a landlord breaches the warranty of habitability, the tenant may sue for a rent reduction.

Here is a link to the document:  https://www.chicago.gov/content/dam/city/depts/zlup/general/...If I were you, I would also reach out to a Chicago architect like @Samuel Pavlovcik or @Prashanth Mahakali. 

I was going to draft up one contract with each LLC as a separate "Owner" with the authorized representative for all, the actual owner, to sign the one contract for all legal entities, but they didn't like this and want to keep all documents separate.I gave them a VERY competitive price quote based on the total portfolio as 1 account with the total number of units.

We document what we did each cycle and why we did or didn't consistently apply our logic.And, of course, as much as turnover is a pain, it is a great opportunity to bump up to market rate.Different landlords have different philosophies, but this is ours.

make sure that you document how to take care of the pool and who is responsible for each part.  

Yes, you will have to supply your accountant with some documents- closing statement, rehab receipts etc.

Eager to learn about RE tax write-offs, how to document/keep up with expenses, what can be written off, etc. at this point...However, the 3 RE focused CPA's I've visited with want $5,000 annually for a couple hour sessions a year and a few recorded classes and other resources, which does not include tax preparation. 

This person would assist with documenting our investment adventures, engaging with our audience, and ensuring a steady flow of valuable information.

Your exposure to risk varies based on your honesty, ability to document, and your location (e.g.