If your move is strictly based on real estate investing potential, I would stay in Oregon.

Some HOA's are fairly benign, others are run more strictly than North Korean labor camps.

I mean going to a strict MHL with points and fees and associated closing costs I would expect you would only being paying like 1/3 of that.I don't know that much about commercial so if you were getting a commercial bank loan I know there are a lot of extra fees and stuff that you don't see in residential so I could see if this was an estimate for all of your other costs as well as his fee.

It's not about being landlord friendly - because TX is landlord friendly - it's about regulation of the "creative" stuff - TX is strict on that.

I have also been propositioned twice in partnering in opening a recovery house, which I turned down twice.I am wondering is it my place to give my advice to either parties of this deal, or stay completely ignorant and strictly stick to just creating the deal?

Hello, I would like to create a local association strictly for current Rental Property Owners and Landlords.

I've heard they can be strict sometimes.

They will be strictly funding partners.

Being willing to ACT on those ideas.Yes the Chicago Landlord Tenant Ordinance is extremely strict on landlords.

So if you put up $50k and your buddies each put up $25k, you would own 50%, they would each own 25%.If someone is bringing more experience or higher level of involvement (say one of you is a General Contractor, or a Realtor), they may get compensation for doing that job, or they may get more ownership than strictly dividing up per the capital contribution schedule.