@Jacob Dalton - I have been a landlord in Chicago for 13 years and as an investor agent I have worked with 200+ investors on the north side of Chicago over the last 10 years. 

On the first property, we sued and won a judgement of over $6,000 but I have not seen a penny and it's been over 18 months since the judgement.

Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs)  depending on these factors. 

I will be fully moved to Denver over the next couple of weeks.

He had gone over that by about 60 days.

@Kolby Knickerbocker the WC overall is really hectic for the hot Local markets.

To my great surprise, this was not the case.Additionally, the estimate for my tax preparation for this year was approximately $1,000 over the cost I paid last year (including the time I paid for them to correct their errors).

My suggestion is to continue being active on BP, get out to some networking events and seminars and also educate yourself through books and podcasts. 

To echo Dominic, typically if you need to raise under $1mm of equity, the formation costs become overly prohibitive.  

So, I would always be wanting to use an appropriate amount of leverage to maximize my investments over the long haul. 2.