Hi @Kathleen Park - Some of the best advice was provided above by @Paul De Luca...check the Chicago Residential Landlord Tenant Ordinace (LRTO). 

Imagine close to dense residential plot and required to invite all residents for public hearing - it will be a headache to go through.3.

So, the residential property would need to be traditionally rented (whole unit/house) for at least a year before rent-by-the-room income would count towards gross income? 

Hi, My name is Haiden, and I'm looking to purchase my first residential investment property within the year.

I recently bought my first residential property (a condo) in the burbs just north of Chicago.

As owner of a residential dwelling they are allowed to get a permit in their names.

I am set to get my Michigan Residential builders license later this month.

If residential (2 - 4 units) I'd check your listing websites (realtor.com, zillow...etc).

Think a bunch of local commercial real estate agents or residential agents who are in the industry talk about what is needed...  

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