Ask him when the last time was he changed the filters on the furnace. 

Im in New England so we have winter atm - which slows down the market anyways - but our blackout dates for securing renters easily for landlords is Thanksgiving until February when taxes start.

Chicago does not allow you to build new 2-4 unit rentals on the north side (not easily or profitibly atleast) and each year more and more 2-4 units are torn down/gutted into single families making that supply lower and lower by the year. 

Asset protection is also irrelevant because LP shares are illiquid and cannot be easily separated from their owners. 

If it's in an upscale community, you can easily get up to $2000 per month (for just a 1 or 2 bedroom).

If they are professional, they can explain this quickly and easily.

Not rocket science, but a whole house can easily eat up most of a day.I see these as a way to spruce up a perfectly fine just ugly outlet (usually dirty or almond colored), not any way to cover over a "bad" or dangerous outlet.With that said, not sure I would want to put my name on them as any final product.

Natural Gas furnaces with filters that can be easily accessed for periodic changing/cleaning are the best in my opinion.

The bottom unit is 1 bd 1br and the top unit is 2 bd 2 br with a finished attic that can easily be transformed into a 3rd bedroom.

Recently purchased 2nd property continuing with strategy of rentals focused on new/young families in an area with one of MN's better school districts, near airport and a confluence of highways to easily commute to the many fortune 500 companies in the area (if commuting is still a thing) What made you interested in investing in this type of deal?