At the same time, if you are able to get a mortgage with low interest rates and your student loans are also at a low rate, you may be better off investing. 

Then the inspector gives results to the insurer, they decide whether to cover it, and issue a policy a few days later.  

The company pays bills, just like you, and ends up with the same X profit.If the company is a pass-through LLC, then it just flows right through to you as income as if you and the LLC are one, which you are in the eyes of the IRS, and you have no tax benefit for the LLC.Alternatively, if it is truly a separate company, the company pays tax on the income and you pay tax on distributions from the company.

Same with sewer.Example:Storm pondStorm SewerDistance to fire hydrantsBathrooms requiredADAset backsPermeable surface %LandscapingRoad accessParking requirementsUtilities to front of job siteUtilities to buildingsTypes of utilitiesSewer lift stations?

Would caution you about trying to be a property manager AND an agent.While they are both real estate related, it's really hard to serve these two different businesses at the same time and do it well.Also, not understanding your lease-to-own goal.

I plan to hire PM company to handle the day to day operations, marketing and tenant screening.Thanks,David

Our plan was to rehab the house and rent it out.Here’s the background:My husband worked tirelessly, often putting in 14-hour days both at his regular job and on the property.

I'm sure there's a million things I've overlooked, but first, I'm wondering if the "back house" would be considered within the same one unit as the main house for conventional lending? 

However, rent to own is rare and I feel like a lot of people do "we buy homes cash" these days.

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