Does he have certain skills or education that could be beneficial for the business?

Are those two mutually exclusive, do I have to choose between good bank lending rates and low income taxes?

If the property manager can oversee the renovation, then that would be very beneficial to you.

For less hassle and virtually no risk, they can throw their money in any random mutual fund and grab 10-12%.   

I have my primary and 'rental' house with Allstate - been with them for 5 years.I am closing on house #3 (that is replacing my rental house ) on the 25th.Geico requires me to move my car insurance in order to get this 3rd house insurance...Liberty Mutual is worst  - must move my primary house with the rental...Thoughts ?

You can save money by mutually agreeing with the tenant to end the tenancy and their voluntarily moving out.

The tool would be able to do myriad analysis to evaluate the deterministic analysis such as margin of safety, probability of a return, maximum buy price given a certain probability of a return, and calculate the opportunity cost comparing this investment to an equal investment in an index fund.Does anyone think a tool like this would be useful and beneficial or do you think it's more of a waste of time?

The tenant is on a month to month lease which I think would be beneficial in this situation.

Do not use a quit claim did, instead use a warranty deed to keep your title insurance.As said before, if the beneficial owners of the LLC are the same, it is considered a contribution to the capital of your LLC and it is not taxable.

I think it would be very beneficial to have a checklist for the next acquisition!