I do my online investigative work to find out about the sellers, taxes, portfolio, age, social media, courts, etc.

Then, because that wasn't enough, they basically started betting on them and that compounded the problem.

There are lots of resources online but everything is pretty segmented to the process. 

But now i am really unsure how to run the comps and if the contract/agreement forms I found online for Illinois are good to use.

Depending on the county you are interested in they might have examples online, if not you can call the clerks office downtown and they will have someone that can walk you through the site. 

Looking forward to meeting people and some of the meetups in the area and online!

You can also check their reviews online at Google, Facebook, or Yelp.

You bet!

Hey fellow BP members,I have this question that have been nagging me.I understand that the best practice is register the entity in the State that you are buying the property in rather than go through some method advised online where you form the entity in popular States like Nevada, Wyoming or Delaware etc..

I bet if your parents gave you a power of attorney for the property you wouldn't be considered a PM but just acting on your parents behalf.