Ryan Siriann I can't speak for Illinois but here in Ohio the secretary of state web site has a form to file an llc.

This is the best site on the web to learn from in my opinion.

Checking local reputation of a HML is necessary.

Enforceable contracts, reputation, etc.

If you aren't going to do the work yourself, get a couple of reputable contractors opinions on pricing in the area.

I'm may hire a property manager anyway to manage the properties, and I'm thinking it may be doable if I find a reputable company.Any thoughts?

You might have more luck that way then with brokers and agents trying to sell regular houses.The brokers and agents that regularly transact in an area the other brokers and agents know them and their reputation.

As for your suggestion on wholesalers how do I go about tracking one down and more importantly how do I find a reputable one?

(2) But counterpoint to (1), I've read (on this web site, no less) that a responsible investor tries to paint as complete a picture as he can during his pro forma, therefore it is prudent to include the costs of the PM.Please note: I live abroad and have for a few years.

Also, I can't see a way to monitor a topic or pop a thread out to a web page to access other features like monitor.