My uncle is so addicted to weight lifting he actually misses birthday parties and family events if they conflict with his workout schedule.

These are ridiculous questions and part of the reason why you are getting some of the feedback you are getting - because some oil stains in the driveway of a run of the mill rental are not a big enough deal to start conflict and start making ultimatums that could force you into taking on the cost of a turnover.

I thought this was the correct way to do this (for this situation), but then I got conflicting answers on another forum.

While I have no direct evidence of any type of malfeasance, the appearance of a conflict of interest seems pronounced. 

If the landlord uses a lease that contains any provision that conflicts with the Security Deposit Law and attempts to enforce that provision or attempts to obtain from you or a prospective tenant a waiver of any provision of the Security Deposit Law, the landlord cannot keep your security deposit for any reason including making deductions for damages.

Currently rented out for $1.6K a month.I'm not sure what the best metric to calculate return is here, but I wouldn't say they are necessarily 'hot' but decent for the level of maintenance these places require (which has been very little) Questions I would love to pick some local Chicago investors minds are:- Pros/cons of creating an LLC (I know there is a massive amount of literature here and I have read quite a bit, but I would like to just talk to a real person who has done this before since I have seen conflicting information).- Tips/feedback on my investment strategy and thoughts on the best way to scale.- Any other advice or things to watch out for a newbie like me who is just starting out!

Some conflicting advice in this thread, I suggest talking to an attorney in the mobile home state.

Thanks Allyssa i just assume the was some sort of conflict of intrest when having your licence when RE(ing). 

There was no one group that caused the meltdown, it was the trifecta or perfect storm.I'm conflicted on the repeal of Dodd Frank. 

Your insurance may conflict with the CBIZ policy, so if you meet certain guidelines with your lender (1+ year ownership, >25% LTV or comparable equity in property, and some trivial forms) you cancel your insurance through escrow, and then have him/her reimburse you for the insurance on a yearly basis.