That sounds pretty straightforward and we've got something similar here too and it's not bad. 

Just starting out and testing waters for BRRR in Chicagoland area.Any advice or suggestions regarding this?

Does anyone have any advice on which direction to go?

Based on your post it kind of sounds like you want a beach/lake house but like the idea of it making money too.

I respect him and what he did for BP, but that sounds like bad advice. 

We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

I need advice for creating the lease to include guidelines and wording on sharing responsibilities in the common areas. 

I’m here to learn and grow, so any advice or resources you’re willing to share would be incredibly appreciated.

It sounds like mistakes were made on the properties but I'm also questioning the market (you didn't say where these are). 

@Jefferey EutsayIs there a specific aspect of this deal that you are hoping to get advice on?