It also includes common forms that you can edit and use.Their web site is a free resource with links to your state law but I highly recommend the book for some of the practical advice they provide.

@Gino ColucciYou should be able to find plenty of Chicago agents on here or by searching the web.

Homeaway's Community web site is also a good resource.  

My advice, get your first property into an LLC before thinking about developing a web of entities that hold all of your properties. 

I'm an SEO and online marketing expert for real estate professionals and I had a web designer that basically owed me $20K in services.Throughout the whole process, I was careful to make it seem like if he did any of the things below that I would undo whatever I did.

So many of the complaints and flat out scams on this board and elsewhere are from those who insist on doing business anonymously with strangers they met on the web.

Oakland , Berkeley and San Francisco  are notorious for their strict rent control. The hope lived in the past to invest in surrounding areas with relaxed control. Now with all the rules restricted on owners state-wide...

I haven't been active in Philly for several years, but I think there are still parts of town where you could make this strategy work, especially if you're a little brave, or willing to cross the river to South Jersey.I've worked with experienced investors that struggle with a long distance rehabs.

Below is a link to an article written by a web-based financial firm I personally invest with that states that rental properties are poor investments. 

I just refi'd with @Chris Mason (no relationship, no stake in the game, met him on BP on Jan 29 and closed a refi a week ago) and recommend him for CA loans, he has a handy google sheet he can web share with you and walk through all the numbers and scenarios.