They are all small items like patching up nail holes, changing batteries in smoke detector etc.  

Good, typical loans I see in my area are 20-year notes with a 15-year balloon and a cap on the adjustable rate.

If I transfer to an LLC does that mean there is no cap on the amount of properties we can purchase?

@Greg Scott nailed it. 

And you hit the nail on the head, finding that property that has the room for value add and some meet on the bone for a refinance is tough to find.Hope you are doing well since we last talked!

@Paul De Luca nailed it on the end - you can definitely enforce a no-smoking policy, but outside of that I am not sure there is much you can do here in Chicago.

From nailing market trends to spinning up killer marketing strategies, I've got the skills we need to make our real estate dreams a reality.Here's the deal: I'm ready to kick in $100K to get the ball rolling.

I suspected it was from a leaking roof, which was subsequently replaced before I brought the property but the wetting and drying over the years created cracks in the drywall and the vibration from the opening and closing of the garage door helped to separate the drywall from the drywall nails. 

It's these controlling provisions that you want to nail down correctly.

There is not as much to nail up."