But other than a select few television shows, my knowledge on Real Estate Investing was about as useful as a house with no roof.Which brings me to the main purpose of this post.

You must have the intent to buy and hold for rental, investment or business use purposes.

Can anyone recommend a CPA in Illinois to help with advising on best Corp structure for tax purposes in Illinois?  

I would still keep your job though until your comfortable enough to where your finances meet your needs to leave your job and just for security purposes of course.

The lender will only count the guaranteed income stream in the primary term for loan purposes and risk.If this is a national chain and rent goes up 2% a year but goes up in 3 year blocks at 6% a time then it's not that big of a deal.

My purpose here is to spread wisdom and knowledge on the art of fulfillment, science of achievement, influence, and financial freedom.

I'm currently in the process of forming an LLC for the purposes of my investments.

@Geetika Casmon before you go through the hassle of forming an S-Corp for tax purposes, you need to consult a CPA who will help you determine a "fair wage" and then if it's even feasible to go the S-Corp route.

People love the idea of turnkey, but forget that it's really easy to throw a crappy tenant into a unit for the purposes of getting a "turnkey" sale done fast.

Anything up to quads (4 units in a single structure) the government treats as 1 unit for purposes of loan.