(a) A unit of local government, as defined in Section 1 of Article VII of the Illinois Constitution, shall not enact, maintain, or enforce an ordinance or resolution that would have the effect of controlling the amount of rent charged for leasing private residential or commercial property.Excerpt from: http://www.ilga.gov/legislation/ilcs/ilcs3.asp?

This a great area - personally I wouldn't waste a year with a zoning battle.

Along the way, I would also like to help as many people as I can realize that they can achieve financial freedom through investing.I'm a total square, spending most of my free-time reading about real estate, the economy, politics, and every so often wasting my time with video games.

.), or to ask another way, any banks to definitely avoid in regards to opening a business bank account (we want to flip and buy & hold single or multi-family residences in the Baltimore and Harford areas, just in case the kind of activity effects the recommendation)?

And they'll be just as cost effective as carpeting.

My question is what would be an effective alternative real estate strategy to obtain this properties with little money down?

That is what you need to know before you waste everybody's time.

How will this effect us homeowners and investors?

I rather not waste 6-9 months and just go at it part time.

@David McLean  exactly   he would be proto type of what I would look for and make him rich.. at the same time make me an excellent returnthose who cash cheap money usually waste a ton of time and effort...