Quote from @Benjamin Jackson: Hi,I need to figure out if this is worth pursuing.

Establishing the LLC in IL first does not provide any additional benefits in this scenario.

This is far from the market I practice in but it would seem building and sitting on a few of these for 5-10 years could be quite a nice bump.I like the option to buy a 20plex, clear $10k/month and replace income.

Hi and Welcome, this is an awesome community with a lot of support.

We are looking to make this post to start getting in contact with likeminded people in the areas of Calgary or Edmonton.To provide a little background, we purchased a half duplex 3 years ago in our hometown (Northern Ontario) at the age of 21.

How does this relate to PPR? 

I would like to connect with anyone that has invested in this fund or who is potentially considering investing in this fund.

I suppose if we had hundreds of loans out, this would be impractical.

The reality in this market is that you would likely not have any funds left to return to them since it is unlikely to get re-rented so soon.

The good contractors won't have an issue with this setup.