Because you're a layman consumer and frankly, they are not afraid of you. 

But there are exceptions in ILhttps://statelaws.findlaw.com/illinois-law/illinois-interest-rates-laws.htmlIt is lawful to receive or to contract to receive and collect interest and charges as authorized by this Act and as authorized by the Consumer Installment Loan Act and by the "Consumer Finance Act", approved July 10, 1935, as now or hereafter amended, or by the Payday Loan Reform Act.

Time consuming, but when done right - I think it’s led to good long term leads.

California probate is very expensive and time consuming, and becomes all the more important with a young child.

Hi Anthony,Regardless of where you invest, I would say, make sure the property is in good physical condition as you will be an out of state owner and don't want your life consumed with lots of little bills for items out of your control.

If so there is no point in even making this change , as houses around 800k will mostly fall in to that category and I don't know if the SFH consumer at that level would even consider a coach house and even if they build they will likely use it as a man cave or some sort of recreation I don't know if this was done just to fill the pockets of some consultants and so on ...

But, I also don't know how time consuming it will/can be and if it would be something I could balance with a full time job.As a new investor which path do you think you'd pursue in terms of having a work/work balance (being able to keep my full time job and invest at the same time)?

They likely have buildings filled with lawyers that can make your life miserable, will be very time consuming for you, and will likely cost you way more than the difference in rates.

There is a few tricky rules so its a little more time consuming but if I am able to make this deal work then I have found a niche that I will be able to dominate in my market. 

Are they forgetting to back off depreciation expense from your taxes or do you have other consumer debts that are giving you a high dti?