If you don't have the funds to buy rentals, you to get money (active income, day job income) to afford to buy those properties.Many investors choose to make real estate their active income (being a real estate agent, flipping houses, wholesaling properties,...) because those jobs create profits or commissions, meaning the more successful they work the more money they make.

I'm sorta excited to get into this, and who knows maybe I'll create a YouTube channel of my journey!

They all had their own lending docs that were professionally created by their their lawyers. 

I expect a reasonably higher rent per square foot in the area.So, I just need some advise on how to create the lease.

Overall, each town and each investor will need to pull together a number of options to create what everyone deserves - a clean, habitable home that doesn't bankrupt the family vs. a reasonable rate of ROI... not easy - but "doable". 

I only offer my services to people I feel are going to use the info and solve problems with it, and only because its great to see others doing the right thing the right way and creating income for trades, realtors, and increasing the value in communities.

I plan to hack a 3 unit property with numbers that create positive cashflow and eliminate my living expenses.So if the property generates 300 per month cash flow and now I'm not paying rent of 1500 any longer, is my positive cashflow now 1800 on my first deal?

This means that you create a listing, then it is sent to all of the major listing sites (zumper, rent.com, apartments.com, etc.) with one click!

There are several companies or individuals that do this model in Chicago but they are definitely not all created equal.

As Nathan mentioned, I would make sure you have created a rental criteria that outlines income and credit requirements as well as how you will treat those with a criminal background or eviction history.