I currently am a realtor in Illinois and I operate my business under a LLC.

It's a business so the rents will be the main income and subtract expenses including savings.  

The old saying "Focus on the business and don't be in the business".Find a trustworthy PM (Easier said than done) and let them manage for you."

No offense, but you want to act like a company or business to make money, but you don't want to take responsibility like a company or business.

SOFTWARES/TOOLS WE USE:Quickbooks (just changed from Stesa) - AccountingGmail / Google Drive - I create an email for the business and use this as a shared drive for all of my rental documentation.

It really depends on your investment goals.

I've been told by my attorney (i'm a private money lending business owner) that we do not accept payments post maturity unless we do a new written extension or loan modification with agreeable terms.

my business partner and I have decided to go in on investing together!

This is my business since 2011.

On average property insurance costs alone have risen around 25% since 2020, depending on the specific risks to the area, premiums could have climbed much, much higher.