If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

Research state-specific costs and regulations to decide what’s most cost-effective.3. 

How much does something like that cost over there?

It would just cost you the extra service fee + wire transfer fee.

//What is the rental market like in De Soto KS for renting property with a large home and pond//I am analyzing a deal on a property in De Soto KS. 20 + acres, newly renovated home, a pond, etc.Given the economy, De Soto KS location in relation to Kansas City, Lawrence, Lenexa, etc... does it seem likely that there are people who are willing to rent properties at a higher cost than something in the city?

It helps absorb the cost of your payment and gives you a better understanding of how REI actually works.

And the reality was I only put 20% down plus closing costs.

To not charge for it is to cover a cost that any tenant for the entire yard would need to address themselves...from the tenant side they can say that including it reduces their useable area below their 3 Ac gross...neither is right or wrong, it's just differing perspectives on what is best for them. 

You want a design that stays relevant, withstands high turnover, and doesn’t require constant costly updates.7.