Having someone who understands the ins and outs of real estate tax law can make or break your investments.

But you should check Kentucky law to see if you need to register the IL LLC in Kentucky.

Ordinance and law coverage is not offered.

As posted above, though, OPM may not be practical for a novice investor. 

We have a new rental property, with 3 BR and an in-law.

Unless the laws have changed? 

My in-laws live in Hope Mills and college bestie lived down the street from Bragg.

Realistic rent calculations, local laws, and tenant management are essential.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

You are going to be paying a lot to have someone living in it.While you are living with your in-laws, continue to put aside the money you'd be paying for the mortgage (after the house sells) and save it up.