If you enjoy direct involvement and have time to manage, self-management can work.

Lenders tend to have different requirements.... some look for a required minimum membership interest and others look solely at direct benefit the signer receives which could be membership interest, fee etc.

deposited in a demand deposit account?  

I have came across the 203k loan where the numbers might work better if I find a good deal but there is alot that comes with the 203k loan and I want to make sure I am heading in the right direction.

Hey Kenneth - I've never used Zenbusiness but I do in North Dakota we go directly to the state website and open up a "Foreign LLC" whenever we're buying and doing business in other states with properties. 

This includes preparing the property for renters, pricing it right, marketing, application screening, collecting rent, dealing with unpaid rent and other lease violations, security deposit disposition, inspections, and so much more.

Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin

If not, please PM me the email address associated with your your Stessa account and I will work with Stessa directly to get you set up. 

I am always opening to learning more i also would like to be pointed in the direction of a reputable financial advisor for business purposes.

It sounds like you've gotten some solid direction above, but a few flags stood out to me in the above discussions and I wanted to point them out to help make your decision.- You mentioned this sale is tax free 121 exclusion, which is great, and seems like a solid start to your goal.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.