So, effectively getting some of the profit tax free. 

my insurance went from $1200 to $2400 to $3800 in 3 years.Doing a shop this weekend. 

Time for a pro and con list: Pros: consistent rent prequalified tenants higher profit margins free marketing less evictionCons: required inspection security deposits are not included delay payment before the first payment

See here: https://www.biggerpockets.com/smarterA good place to start is with the free guides, such as "The Ultimate Beginner's Guide To Real Estate Investing".

@Camille Sola IsabellYou can buy the Illinois Residential Lease here https://www.biggerpockets.com/landlord-formsYou can get this for free if you have a Pro annual membership. 

@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.

Feel free to message me and I can point you in the direction of a few other options. 

There is free software online too, like Wave which gets a nod from a lot of folks with simple businessesI recommend hiring a bookkeeper if you are going to scale.

This is an open-book situation where we really are free to decide where we want to be. 

They only take 10% and list on all major sites for free.