They need to bring the raw data to the client and be honest and tell them how they really feel.

I have none to be honest, all I know is if I'm going to be paying for rent.

Be honest with your intentions.

Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like.  

With any entity consideration, it's always good to consider things from 1) Insurance, 2) Taxation, 3) Legal, 4) Financing perspectives - would be fun to get your attorney, insurance agent, banker/mortgage broker and accountant together in a room and get the lowdown on S-corps, LLC's, trusts etc, to see how they consider each of these from their viewpoints!

This is my first commercial deal, and quite honestly, I know I'm probably going to have to go to a few banks before I get what I need, but basically I just don't want to look too stupid on my first approach.  

I honestly thought it would have been a nice jump down. 

Hahaha yeah it's pretty tight right now honestly for finding great deals in chicago right now.

To be honest, I don't necessarily see myself going full-time into REI anytime soon (I feel that would be counter-intuitive to the time I've invested in a non-REI related degree), but I am set on doing it part-time (the 'ole 9-5 job + REI life) once I graduate.

I would recommend you consult a trusted attorney who will give you an honest opinion of your exposure based on your current situation and how that exposure may change going forward.Hope that helps.Ed