It's essentially like putting the investments in a liability box.

It's also essentially updated every 24-48 hours. 

They removed one statue which stated you could only have one group every 7 days which would have essentially shut down any STR businesses. 

I honestly don't think the garage will bring you that much value125$/month on an 8k investment is essentially an 18% return which sounds terrific however it doesn't sound like it's guaranteed.

You will find that tenants many times will have violations like this, and you will have to decide if you stick to principle that they're lying to you and you evict them over it (which will possibly be much more difficult to do than to evict for nonpayment), or if you just look the other way as long as they're not causing damage.

Since eligibilty is often hyper specific to a particular board, it is essential to get direct validation from that entity prior to even touring a property. 

In the end you need to look at your assets, your risk and your insurance and make good business choices based on the needs you have.The Land Trust will essentially offer a few benefits, but for this case the primary benefits would be avoiding the clause and removing your name from public record.

Chicago's north side has been booming for many years, and numerous neighborhoods have rapidly appreciated and essentially been rebuilt.  

I was thinking that I could put up the money on the home and just collect a "mortgage" payment from him.This seems very risky to me because he essentially has no skin in the game, besides having a place that he and his family can live for $350 per month. 

I understand the principles behind the math, but still prefer to follow this path.I would appreciate links to forums, blogs, or books from investors who practice or promote strategies for REI with your own money without leveraging.Thanks.