We are trying to sell, but that isn't quite working out right now, so we are considering renting.

For those that chose to buy a home at a duty station they then have to decide to sell when they are transferred or hold on to the property.

I plan to sell my SFH rental.

I would list every single item your counting as capex, their useful remaining life and their cost that day.

Doesn't matter what it costs it is YOUR RESPONSIBILITY.

(We were planning to move back to our rental and rent our primary due to higher rents so started to rehab the primary then found out insurance would not insure us due to the high fire risks if we changed so ended up rehabbing both houses and burned the savings).Our dilema is we don’t want to sell either of our current houses due to excellent locations and appreciation potential but want to progress with more rentals.

You could just think of the parent Series LLC as the ASSET HOLDING COMPANY and the traditional LLC as the OPERATING COMPANY.It would require extra costs, since you are involving the formation and operation of an additional entity.

If I sell this property after making minor cosmetic repairs, the gain would be 50-60K.

Acquisitions costs are low, property taxes are low, available housing stock is good, and there's always a need for workforce housing and rentals for young professionals. 

We have 6 STR units but looking to sell our duplex to buy a larger house or 2 to hopefully hit FI this year as well.