The real estate taxes in Illinois are very high as others have mentioned, but they are still workable depending on what type of return you expect. 

I was pretty much the same situation as you are in, except i did not think quick enough about the additional pre-close negotiations mentioned above.In my case time after closing i dove in to set expectations and address/remediate all concerns from the previous landlord, and since then i haven't had any troubles.Thank you for the post!

I am able to work f/t, at least at the present time, but there are a lot of jobs I've always been disqualified for because of it. 

Originally posted by @Jennifer T.

Since I spent so much upfront on the rehab I don’t expect it to cost too much upkeep.

Henri, these estimates seem generally in line with what I would expect, except for the bath and kitchen which seem low.

Managing them is another world and there are all sorts of lovely aspects that newbies (who haven’t done research) won’t expect.

If you're looking for a turnkey (lower-case t, as in tenant-ready but not sold by a full-service Turnkey provider) then there are tons of red flags here.

This is the biggest challenge in long distance investing- I'd recommend you start interviewing again, and in your agreement with a new PM, very specifically line out what your communication and service expectations are so that there is no misunderstanding from the get go.  

You need to make sure you offer with a good amount of lease option money to the seller and be fair with your expectations or the minute they run a ridiculous scenario/ offer by their attorney or realtor, you're out like the fat kid in 5th grade dodge ball!