Not that it’s a bad choice but what’s your reason for choosing there.

If you have the cost segregation done by a reputable company then even if you get audited, you'll have proper support to back up your deductions.Now whether it's worth it - A cost segregation study can be extremely beneficial but its a case by case basis that depends on a multitude of factors.

@Christian WeberRefinance first while you still live in it so you can get a personal mortgage or HELOC.Transfer the property into a land trust where you still are the beneficiary to avoid the due on sale clause.Then you can transfer the beneficial ownership to an LLC.

Renovation loans such the 203k, Homestyle, Choice, etc. for a project of your size will require 1 GC to run the project.

HelloDoes anyone know if it's beneficial receive commission pay as a realtor to your LLC? 

@George Turner, What you want to do is equally as beneficial. 

First - Have a conversation with your CPA to see if will be beneficial. it appears that you are unsure based on the phrase "hoping it would benefit us".

First issue is an investor always has a choice for liability protection: Insurance vs LLC setupIf you have enough insurance, you can cover any lawsuit!

It might be beneficial to revisit your tenant screening procedures.

By identifying and classifying the various components of a property, it may be possible to accelerate the depreciation of certain items and potentially reduce your tax liability.It is important to note that the rules around cost segregation and depreciation can be complex, and it may be beneficial to work with a qualified tax professional to determine the best approach for your specific situation.