Since your property is in Philadelphia city limits, at the time of transfer, the title company will collect 3.278% of the sales price to be paid to the county and an additional 1% of the sales price paid to the state in transfer taxes.

Required re-zoning and addition of 2 residential bathrooms and complete renovation of kitchen.

I am still exploring the features here.

In addition, I am a licensed REALTOR in PA, MD & DE, an author and home inspector apprentice.

Why not have 30 additional people assist?

My gameplan thus far is if a tenants wishes to stay, to have tenant sign a new lease with increased rent for an additional 90 days, giving them the option to look for housing during that time.

Additionally, it might be worthwhile to check with your local housing authority or building department for specific regulations and standards for rental properties in your area.

If your not paying tax's not sure what additional write offs are going to do for U..

Additionally, you don't want the buyer to have his decision affected by them knowing how much money you are making. 

Instead of just taking out the $100K + $30K of HELOC to pay for the $100K purchase price + rehab, I take an additional, let's say $20K from the HELOC and transfer it into the LLC business checking account and consider this my "Holding Reserves" in order to pay off the month interest - only HELOC payments until the house sells.