The renovation will trigger upgrades to the systems. 

Thank you for reaching out though we respect your time and consideration.

An S-corp might help to mitigate the tax, but it should be weighed against the admin considerations of compliance (eg: payroll, reasonable comp, etc.)

Happiness, time and family are considerably more valuable than money.

Quit Claim Deed & Due on Sale Clause: Transferring ownership via a quit claim deed can sometimes trigger the due on sale clause, which allows the lender to demand full repayment of the loan.

I am still probably a year or two away from getting this fully started but rather know as soon as possible the amount of ways I can get screwed with my pants on before I actually pull the trigger. lol

Unfortunately I am actually allergic to dogs and they really trigger my asthma.

I don't know how anyone can prepare a real estate tax return without some consideration give to the actual cost of the structures themselves.  

Unfortunately I am actually allergic to dogs and they really trigger my asthma.

It's actually a considerable risk for the seller and oftentimes the agent understands that risk.