I think you are mostly correct but here are some examples I have of going the opposite direction:I was removing a load bearing wall.  

Frame and finish a L shaped wall in the current recreation room wall approx 7' long x ~18" deep.B.Remove door to "office" and open wall to frame out closet, or just close off.C.Remove wall separating bedroom and office (wall is ~7.9 long)D, F, G Close off 3 interior doorsE.

My plan is to use the LLC to acquire properties and to be the employer for the property manager when I actually acquire some walls and a roof besides my own personal home.

Why would you give them free rent with they still have full access and use to the stove, refrigerator, walls, closets, flooring, roof, garage, lawn, etc.?

Seconding @Jaron Walling.

Be attentive to damp ceilings or walls, which could indicate plumbing failures.Structural issues are critical to monitor.

I found this odd, so I decided to call Cobb County and they advised that a basement can only be rented by one adult with some kind of square footage per person limitation, and I could not wall off the basement door.

Lucky that it was localized to the kitchen and one external wall.10. 

Some inspectors may eyeball the work performed and feel it is sufficient to sign off and yet others will ask you to open up the walls to ensure everything was done to code.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Walled Lake.