This is simple to understand.  

This will let you capture equity as well as make it easer to cashflow. 

Not a lot to add here, just the simple advice to make it as easy as possible to pay rent. 

Simple touches like fresh paint, landscaping, and clean walkways can make a big difference.Highlight Key Features: During the appraisal, point out any high-quality materials or unique features you've added.

What we're talking about goes way beyond simple FRL.

You'd be surprised at how the simple things, like answering an email within 24-48 hours versus two weeks (or never!)

Since I work pretty hard at my day job and don’t have much renovation experience, I wanted something simple—a rental I could put a tenant in and at least break even.

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

For your first deal, it might be beneficial to try doing some of the simple work yourself so you know what goes into it.

Check out Norada Capital with a simple no fees structure and 12-15% annual yield depending on how much you invest.