Well, I'm sure you can agree that 68 degrees is very unreasonable with an ambient temp of 114.

X will be calling you to set up a time to fix the a/c, thats it. 

One set of screenshots is from an Excel template the other is a biggerpockets calculator. 

Whoever handles your closing should be able to set it up.I had one seller rent from me for 2 months after we closed because she needed the money from the sale of the home to buy her new property and places were selling fast.

My logic is, I would be paying for a lease so I might has well build up equity in a mortgage instead and if I found a fixer-upper then have equity also.How did you find this deal and how did you negotiate it?

To separate your inherited funds, set up the LLC using only money from your inherited trust and open a dedicated bank account.

When I went into the bank they said they cannot open the account with this kind of set up.

Fairly well read and open to partnerships/syndications/apartments.

I agree with @Autumn Cain 19121 has good potential as well but you will most likely want to be south of Cecil B.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.