Therefore they can only go after what is in each individual LLC. 3.

One thing that I noticed helps a lot of times is going to local networking events and hanging around like-minded individuals.

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.

If you're still living in it, you can rent it out by the room to multiple individuals or even as a live-in STR depending on your risk tolerance & city ordinances. 

As Election Day nears, many individuals halt their major financial activities because they feel the uncertainty of the election results may have adverse effects if they act now.

But, again, if you friends  in Indy know a thing or two about investing and can partner with you, where you both have a financial stake and they get "more" of the pie relative to their equity contribution in order to oversee the success, that would be the ideal scenario in my book.As for broadly in markets, both are considered pretty good.  

Ideally, you have the terms for doing that outlined in your property management contract.

Stucco, no decks, I’m renting individual rooms, 10min away from my house, easy maintenance.

Or did you individually rent the place to one person with one bathroom and then to two people using another shared bathroom?