There is no choice but to talk to an Attorney, as they are exempt from the Act.

The title company is the second choice.

Al,These friendly rounds of one-upmanship with neighbour landlords can be beneficial all the way around.Last week, I had my crew raking and hauling away leaves at two of our properties in preparation for the coming snow.

Given an otherwise equal choice I'd always go that way.I think (in this particular situation) that you have a slight advantage in selecting a tenant if you tell them up front that you live right next door (or upstairs) and like to keep a pretty mellow environment.

Most of what you need to learn applies everywhere (Inc is usually a poor choice for buy and hold).

Bill Gulley can you answer me one question (no need to explain why) with either choice A, or choice B?

It is a choice as to whether you feel the extra time and expense involved with having some entity setup is worth the other benefits.Personally I own some stuff in my own name, I run some stuff through a single entity setup, and have some other things in a multi tiered entity setup.

Also, location is super important (at least here in Chicago) so a local agent who is familiar with areas would be very beneficial.

I'll double check anyway, but if your info is consistently accurate, you'll quickly rise up in the ranks as my first choice for inventory.

Account Closed Excellent pointWe do have a choice in life.