Although these properties appeared on Sch E for well over 3 years, the newly formed LLC will lack the requisite two year history.

As with any note seller, buyer beware and do your DD.Our business model is short term liquidation.

I would recommend reading the following books;Millionaire Real Estate Investor by Gary Keller - This book is all about reverse engineering your goal a breaking it down by steps.The E-Myth by Michael Gerber- RE Investing, construction, development, property management, etc. 

With this the property income or loss is reported on schedule E of your personal 1040.

I have some liquid assets.

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey. 3.

@Omar E. - Good question.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

Under 6 months only requires 30 days' notice. https://www.chicago.gov/city/e...That said, these time frames do not apply if the tenant is delinquent on rent.

Here's the event link:https://www.eventbrite.com/e/b...