Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status &  maintain appropriate licensing and permits.

Inspections are typically done by licensed professionals like structural engineers, architects, or certified building inspectors.

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

PMC staff are good at maintenance and maybe repairs, but they are NOT licensed contractors with years of real-world experience.

I'm a licensed contractor focused on interior remodels, and a realtor as well, reach out if you have any questionsBest,Ryan

Contact the real estate division for confirmation: https://idfpr.illinois.gov/dre.htmlIn illinois you must have a license.

If you are hiring a legal licensed contractor , he will provide you with a contract . 

I’m a licensed agent in Indiana and Georgia but open to advice and insights from anyone, anywhere.Looking forward to learning, connecting, and growing with this community.

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

It’s easy to get caught up in the excitement of a potential deal, but skipping this step can lead to costly mistakes.Getting your real estate license is also a solid strategy just realize once you have a license wholesaling may not be in the cards as its a very gray area.Lastly, since you're planning to buy properties for yourself in 2026, start laying the groundwork now.