So if you opened ONE Trust account, which you can do by presenting the Trust data/fact sheet at a bank, then have all the income and expenses for the Trust go into this account directly. 

@David Sisson When I’m presented with a somewhat frivolous request for an improved article when the existing article is properly functional, I either decline or I say that I can bring in a new one, but doing so would require a rise in the rent.

It is a seller’s market, so you are going to need either a pre-approval or proof of funds to even present an offer (even a lot of off market non MLS sellers will ask for that)2) determine what neighborhoods you are comfortable with.  

As a rehabber, I’m considering getting my real estate lisence in order to save on commission fees and in order to present my properties the way I want them presented, however, I’m thinking ahead about the Legal, Practical, Financial aspects to consider when weighing Pros and Cons of getting your real estate license as a rehabber or wholesaler.

City council has directed staff to create legislation to be put into place by Summer 2020 banning all str's unless property is owner occupied and the owner occupant is present during the guests stay

It looks like the potential ban would only be for a full-time short term rentals, as opposed to owner present or some days per year for a whole house.

I’m looking for suggestions, info, drafts/formats, etc to present to potential financial partners to finance deals.I have more deal opportunities that financing available and am getting to a point where I’d really like to bring in outside/investor cash financing.I know several individuals in my network that are interested / willing to invest, but I need to be annoyed to present them with a term sheet or agreements And was going to see if anyone could offer help in putting something together or where to find.Thanks for any help!

This is present in the law at 735 ILCS 5/15-1507 and 5/15-1603. 

Our group has made a policy that we will not write for these and defer to a therapist or psychiatrist.  

One of my favorite things to do is driving through the areas to get a feel for living there and while doing so, I've found some homes that have obvious deferred maintenance.