This article encapsulates many of the proposed changes: https://coloradosun.com/2019/04/02/colorado-rent-c...

Check legislation regarding vacation rentals in your area, this is very important!

A great ressource is the you can just google is a pdf called The Wisconsin Way, which is an overview of all applicable legislation. 

Others are more savvy with that stuff than me. https://www.nolo.com/legal-encyclopedia/overview-landlord-tenant-laws-illinois.htmlhttp://www.ilga.gov/legislation/ilcs/ilcs3.asp?

These are all proposed ideas as of now, just wanted to get a feel if there would be other people interested.

That's why everyone is cautioning you about your proposed strategy.   

.* * *Legislative NoteThe legislative process has many unexpected twists and turns.

They don't trust that a proposal to "buy like rent, lease option, option" etc. will serve their needs. 

(He built his net worth from nothing in the early 80's to 25-30 million, company plane, the whole 9... in the 2000's and was an early developer for Wal Mart among other things over the years...looking forward to getting to sit down with him again.)He felt his greatest asset was the ability to think outside the box -- not saying anyone here is not doing so and that I am by what I propose below.  

Although, I wasn't interested they know I invest in buy & hold real estate and  as an accredited investor I had express my interest in moving beyond 1-4 unit properties and into larger 20+ unit apartment complexes.I've what they called a general outline of what they're proposing.