See below Cook County RTLO summary, which I think you'll find helpful.Cook County RTLO summary

Hey Chicago investors -Quick technical question on the Cook County AHSAP (Class 9) incentive.I am under contract on a 16-unit in Phoenix, IL, and we just received our formal approval letter from the Assessor reducing the AV by 25% through 2033.My question: When transferring title to the new partnership entity, does the 'Change of Ownership' affidavit need to be recorded before funding, or can the title company handle it simultaneously with the deed?

The Illinois Transfer Tax Question That Could Cost You $1,500+ Unnecessarily Cook County and Chicago both impose real estate transfer taxes on conveyances.

Bartenders, waiters and cooks need to be trained on how to make you money.4. 

Hi @Ken Wingerd what have you got cooking in terms of Fl new construction? 

Provide labeled and designated storage areas in bathrooms, kitchen, refrigerator, and, against my usual recommendation of no storage, they often DO need storage area for gear.House rules should include Guest/Overnight Guest rules, no cooking appliances in bedrooms, no AC's except those provided by LL, no pets, how they need to manage rubbish and cleaning of common areas if you are not providing regular service. etc.

And it's usually more of a problem if your constantly working on a property with it occupied and a lot of times buying them with tenants especially long term ones you could be "leaving meat on the bones" or inheriting someone else's issues.

You can absolutely have too many cooks in the kitchen - it sounds like you are trending that way already. 

Cleveland / cuyahoga county, Cook County IL top our list of places we avoid

Specify certain Prohibited behaviors at all timesVisitor/overnight guest policyNo cooking appliances in roomsNo window or room AC unless provided by LLNo storage of flammable liquids or car/motorcycle partsNo pets.