You will need to pay the annual registration, Registered Agent in those states and then file a tax return in Illinois as a Foreign Business Entity which pretty much blows away all the privacy and no taxes due in Nevada or wherever these folks use to sell their snake oil. 

Was only invested part of the quarter, but annualized it looks to be around 8% dividend.  

I also misread the insurance as annual rather than monthly. $800 a month sounds fine to me.

I pay myself an annual salary and have 2-3 hourly employees along with a growing group of agents (ICs).

In popular Cobb County, a bedroom community for Atlanta, a 4/2 worth $180K might have annual taxes of $2K.Landlord friendliness - Georgia is one of the most (if not the most) landlord-friendly state in the US.

There is nothing complicated about being a registered agent - you receive an annual report in the mail which you file online once a year. 

- Are the profits distributed monthly, quarterly, annually?

I used to live near a town with a few of the rental heavy streets in the "1% annual chance" zone, looked at a few properties there. 

It has all the usual suspects - large relocation fees if you don't renew a lease, fixed % of annual increase.I intentionally rent under market, but will be forced to immediately raise rents if rent control goes in place to protect the long term value.

The offer is $1M higher than the capital account we would get with the developer, although once up and full we would be in a better position than selling in our equity and annual income.