Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?

Hi Bruce, i'll start by saying i'm a mortgage person, so please understand the context in which my response is coming from. you'd need to create CC&Rs/bylaws and establish an HOA in order to do this.

Is this standard for most major property management companies.

I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.

Our standard email with the bid states, please contact us to discuss & redline to your budget.The only thing we will require are health & safety repairs, to avoid a lawsuit.

Liability Protection: An LLC provides legal separation between your personal and rental property assets, which can protect personal assets if a lawsuit arises.

Is there a point of contact person/business that handles all home investor concerns (general contractor, engineer, etc.)

If the home was still your primary residence throughout 2024 and not actively listed for rent, it would typically remain classified as a personal residence until the lease began.

Hard to say one way or another without knowing your personal finances, goals etc., but it seems like a good deal. 

If you don't understand the basic principles of construction, market standards (i.e. average cost per labor hour, cost per sqft for flooring, cost per sqft for hang/finish drywall) then you may find yourself getting taken advantage of without even knowing it.