The contract can be assigned to the LLC you create in the future.

You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

Passive losses exceeding this limit can carry forward to offset future passive income or gains.

I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.

I would consider doing a portfolio loan in the future but for now thats not necessary.

If for no other reason, it seems that I’d have a much better understanding of pricing our rental in general and a good baseline to make decisions in the future. 

The only thing that bests fear is courage and we only need a mustard seed of that to get things going...People often spend money on college and never go in to the field they spent that money on...the greatest lessons and the ones most remembered are learned 'on the job'.Wishing you more good news in the future and an exceptional 2025. 

Others recommend tools like Stessa or Buildium to track actual costs and project future expenses. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

I will keep you posted on any future developments.”