However, the LLC will need to chip-in financially to help complete this renovation.My general question is what items should the LLC cover and which should my father cover for best tax benefits?  

I didn't say anything about him not moving in and for that year I struggled to cover the regular bills myself causing late mortgage payments and other things.

The prepared me a quote that is low price (That is nice), but I am not sure if I am covering all the bases.

With MF or a house hack that you'll eventually move out of will the rents cover the PITI + maintenance and vacancy? 

Lend to experienced individuals who own other rental properties already6. 6/mo Payment Reserves: insure the borrower isn't broke and has the ability to repay your debt. 7. 100% Hazzard Insurance: make sure the borrower secures hazard insurance that at minimum covers your Loan Amount ie "replacement cost".

There has been some hesitation for me to sell due to the fact the rental market here is averaging $2,500 in rent for my area and property, I make great money now and have funds to cover vacancy and repairs on the home, but I would like to be able to afford a nice rental for my fiance and I to live in while we save for our primary residence.Shoild I sell and take my profits (60-70k net) and throw into an investment closer to where I will be living or should I rent, cash flow and build equity in the property. 

First and foremost, as you're changing out the locks on the doors, install doorbell cameras on the exterior to cover entrances in/out of the property.  

The servicer may have their own fees, rules, and disclosures.Agent crosses a line to disclose rates, legal ins and outs, terms, and disclose the loan which even a broker license doesn't cover.

It sounds like you have this covered. 

I also have another unique option where I could sell off portions of my equity at $50 increments with a 3% fee - but I would also proportionally lose any cash flow and appreciation - so I'm not fully convinced that's a good option - although I understand I can try to use the equity sold to get higher returns, but I'd need to at minimum, cover the cash flow returns I've lost through the sale.