I started with an existing plan from a builder then hired the draftsman to make requested modifications. 

Oh, I know exactly why - because you are lying to new students trying to show them that you have all these deals in your marketplace when you don't, that is why you aren't taking them down, to impress and keep new and existing students (the existing students I have seen in there are taking WAYYYYY too long to realize what is actually going on here).

“They’re just kids,” the mother pressed.If it wasn’t in the lease, the free rent didn’t exist, the judge informed them.

The bummer is that this whole online course thing is new to them, and so their support is either really slow or non-existent.

Additionally, for each existing and future Illinois investment property, I intend to:- Deed each property into separate Land Trusts.- Establish an Illinois LLC that will be taxed and will own the interests in the Land Trusts for my Illinois properties.- Set up a new management entity taxed as a C corporation, which can be fully owned by my revocable living trust.

We are seeing a big uptick in second loans on the market, including those who own investment properties look to take equity out of an existing property by getting a second loan.

It's lazy how it was presented.I know you read down further, but the point was that every single business coach that has ever existed would have given the advice that I gave without saying the exact same words.

The first exist strategy was to flip it, but what about a second one? 

@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.

Have you talked with a lender on the plan to refi your existing home?