You might have additional items depending on your market.1. 

(I helped/mentored a lot of hosts to know this)Of course, it is market-dependable and depends on the size of your accounts.

The design aspect is fun too—you can get really creative with how you furnish spaces depending on your tenants' preferences.That said, it’s definitely more on the lighthearted and quirky side, so don’t expect hardcore realism.

Otherwise, you can never attain financial freedom because rents will not outpace inflation.How long your rental income lasts depends on job growth in the investment city.Non-government jobs are inherently temporary.

If they are changing jobs, they need the new job first and you need to paychecks or offer letter with salary or maybe even the first two paychecks at the new job, depending on their level and income.Ask them about deposit and rent. 

Depending where your rental is in Chicago, you should also be flexible with your requirements.

Depending on your goals, budget somewhere around $3k-$5k per room.

There is also a significant investment happening in the Buckeye area that should drive appreciation in that part of town in the coming years although currently I would classify that area more as a C- or D+ depending on the street.Best of luck to you!

then again depending on state judge has to confirm the sale and your deed gets recorded by the court. 

To keep it short and sweet, depending on your deal you should have plenty of options.