Beasley has some good points about running the numbers to flesh out opportunity cost and compare other deals.

Basically on the loan app if it asks for a business name, just say TBD - entity to be formed prior to closing.

However, you need to initiate a 1031 intermediary prior to the sale of the home.

Prior to 2018, I oversaw the FL division for the 3rd largest VR mgmt company in the nation(rather not say the name to give them free promo here).

I asked because you might be filing  as "married filing separately" compared to both single filing "single returns". 

An investor with one or two notes may not see an efficiency in setting up such a vehicle as compared to having the custodian serve as the processor. 

I went down the wholesaling rabbit hole and decided I wasn't a fan, explored creative financing compared to my personal risk tolerance and logged it away for future potential use, found the BRRRR method and read just about everything posted about it.

Haven't spent much time in the neighborhood, but there is low crime compared to the rest of Chicago and public transportation nearby. 

Maybe there are few comparable sales for a particular property in Calhoun property, so the adjustments need to be more extensive. 

One quick follow-up: Does this include personal legal fees prior to starting the official process?