Call whatever entity owns the water main (municipality or water authority) to let them know about the damage of your property.

I defer to Avery Carl when it comes to STRs since she is an authority in the space.

Regarding your LLC, whether or not you can use it to flip homes in Chicago will depend on a few factors.First, you will need to determine if your North Carolina LLC is authorized to do business in Illinois.

Have all the resources you've declared authorities done those things?

In the Brandon Turner's book "The book on managing rental properties" the book he co-authored with his wife Heather, one of the NO GO tenants is attorney/lawyer.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

If he doesn't, can he be removed by the authorities? 

My favorite thing is having to write a letter saying I am authorized to sign on my behalf.  

These states are authorized to administer their own RRP programs in lieu of the federal program.")

I did request to authorize any extras by me and not proceed without my OK.