I'm meeting with my CPA for a profit loss statement to assist in acquiring a line of credit.

I am starting a rehab snd want to make sure that I have certain items in place for my contract as well

I will look into all the items you mentioned above.

If you were planning on partnership within a LLC, I would first write out LETTER OF INTENT where you both spell out what you want to accomplish and how- detail where the funds are coming from, who is doing what as well as what the percentages are loss or gain. 

The face value of it has gone down quite a bit the last year, but the dividend has added much of the losses back in.  

Thing to consider our...FHA fee is 1.85 %VA subsequent is 3.3% That is alot on 460k purchaseWhat I have to bring to the table is similar since VA is jumbo loan I will still need bring about 10k to the table since I need to guarantee the amount over 417k and with FHA I will need bring about 15k for down paymentsIf I use VA I have to refinance and see loss of $900 rental income.

They'll have to upload your plans to their software and then extract all the measurements to itemize the lumber.  

You're fixated on one part of the three items I listed.

Do you like moving on to the next item, move, project etc.

Yes there is definitely a loss up front on the exchange rate (and getting worse) but there is then the upside on profits made in US dollars back to AU dollars :)CheersLindsay