If you start in your market now and then transition later.. you will have to rebuild your entire network and start over with your knowledge on the selected market.I suggest looking into OOS investing.

I made my Sunday 10AM workshop (syndications) but I had initially assumed it was later on Sunday.  

If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence?

Reason I am moving to LLC is to take advantage of getting Business Line Of Credit later

Although after speaking with other investors, some are telling us that it is not necessary to start a corporation for our first investment and its better to just buy in our personal names and incorporate later.This sort of advice that we have received is based on the information that a corporation costs more to start up and maintain.Should we incorporate now or later?

In regards to your EMD (from what I've learned so far) If you are within your inspection period still &/0r have some sort of clause in your contract stating ( “buyer has the unrestricted right to terminate contract with a written notice no later than ( inspection period date) than you have proof.

After making that decision I later created a LLC but did not switch the property over to the LLC. 

Not within 24 hours, but within that same actual day no later than 7 PM(check out is usually 11 or 12). 

And you can direct that cash flow later at real estate investing.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.