Hi all, I am looking for an attorney in Sangamon county that specializes in foreclosures.

I know I will need a special exception for this project and that is the least of my worries about the success of the project.

I run a remodeling company in and erie, On Point Remodeling LLC, and we specialize in rehabbing rental properties.

Similarly you need other professionals, just not the same ones (or at the same rate) that syndicators will be paying (because dealing with securities is a specialized body of knowledge)

Liability is to great and requires special considerations that most residential set ups are not prepared for.

Know what your next step is if they refuse to comply and be prepared to implement it immediately.

I too am preparing to invest in the midwest.

Other than the lease agreement, pet addendum, pre/post inspection and rental application forms... what else would be necessary to be prepared for my first rental?

It varies as in commercial most specialize in one thing.

If your goal is to maximize your retirement plan contributions with a SEP, then keeping things as a basic LLC might be better.If you're really concerned about keeping your brokerage and your personal commissions separate, then two separate entities, possibly either 2 S-Corps or a nested S-Corp/LLC structure might be best.So when tax season is over, sit down with your CPA and outline your goals and your issues and see what they recommend.Now if what you've got is a data entry/"tax preparer" who simply enters your data into tax forms, consider switching providers.