While I very respectfully disagree with @John Clark that Illinois itself is, as of today, anti-landlord -- it may trend that way (if some current state legislators have their way) and Chicago and Cook County currently are not particularly hospitable to landlords.

But don't get me wrong, some legal POGOs are nice and respectful.

"I am now getting an abundant amount of leads".... see that's where I take issue, I can't respect that person.

In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

(a) Except as otherwise provided herein, in all estates, real or personal, held in jointtenancy, the part or share of any tenant dying shall not descend or go to the surviving tenant,but shall descend or be vested in the heirs, executors, or administrators, respectively, of thetenant so dying, in the same manner as estates held by tenancy in common: Provided, thatestates held in joint tenancy for the purpose of carrying on and promoting trade andcommerce, or any useful work or manufacture, established and pursued with a view ofprofit to the parties therein concerned, are vested in the surviving partner, in order to enablethe surviving partner to settle and adjust the partnership business, or pay off the debts whichmay have been contracted in pursuit of the joint business; but as soon as the same iseffected, the survivor shall account with, and pay, and deliver to the heirs, executors andadministrators respectively of such deceased partner all such part, share, and sums ofmoney as the deceased partner may be entitled to by virtue of the original agreement, ifany, or according to the deceased partner's share or part in the joint concern, in the samemanner as partnership stock is usually settled between joint merchants and therepresentatives of their deceased partners.

Respectfully. 

Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

It was great, felt kind of like being in college and living with friends again, except everyone was much more mature and respectful of each other's space and privacy.