However, the two reasons LLC exist are (1) to produce a “remote entity” that doesn’t have the compliance complications of a corporation so that it’s relatively easy to comply and very difficult to prove an LLC is a persons “alter ego” (thou nowhere near impossible) and (2) to provide a remote entity that qualifies for “pass through” taxation benefits.  

This would translate into a return of 36k a year. 36k / 625k equity is = 0.0576.

Also, any structural alterations, such as demolishing or adding walls, must strictly adhere to their guidelines, which I assume you'll need to consider for your conversion project. 

Have you considered translating your marketing experience into sourcing off market properties? 

@Adam Eldaoushy not a real estate book, but you can get a lot of mileage from "Extreme Ownership" pretty much translates to everything you do in daily life. 

He claims it translates to mental clarity and enhanced mental health.  

Does 5% coc translate to $300/mo cash flow?

The employer has to translate into English any employment contract.

The Fed has been clear to my ears, that they have plans and anticipations based upon facts as they see them BUT, as things develop or alter from that, so will there actions and guidance. 

For any kind of alteration, including plumbing, electrical, and structural, you could require a permission.