@Mandy Silveira, I like to give people every way I can think of to contact me.

This can severely eat into the timeline to close for the investor.  2nd, and just as important, a formal 1004 can cost upwards of $700+ depending on appraisal availability, and local market conditions, fewer appraisers in the area drive up costs, as well as increase the time it takes to get the appraisal.So I opt to go with my company's internal "Full Property Valuation" which provides As-Is value as well as THREE ARVs based on potential rehab costs, and their corresponding ARVs. 

I've seen everything restaurants (with a bar in the confessional), condos, retail stores, beer halls, a YMCA, fitness studios, all in converted churches, but the theme of the business corresponded with the venue.

The fact the PM refuses to correspond VIA e-mail is shady.Also, hiring a lawyer is an option as he/she will advise you and will show the PM you're not messing around.

Not sure if Illinois is much different, but here in Virginia the pre-license class is all about how to stay out of trouble whilst transacting real estate and the school I attended had a corresponding CD/web-app that was called "Test Taker" that would randomly generate practice questions to quiz yourself in preparation for the state and federal exams.

David, for now do you suggest keeping the mini miranda on correspondence and telephone calls, even if you own them?

Keep the PO Box for everyday things and use the Registered agent ONLY for state required correspondence.

Keep good records of all correspondence and inform him of inspections.

Simply set up a checking account for your LLC's operations with a corresponding savings account to hold the security deposits.

I keep every piece of paperwork and correspondence.