Most people don't think about their financial future until their cost of living out paces their social security checks.

Instead you’ll probably be about even with a decent security deposit plus you have 4 free weeks to do showings.

I have been learning new things everyday over the past 2-3 years and am getting ready to take action once I secure employment (for mortgages) Thanks everyone!

I believe it's a $100 application fee.https://sos.nh.gov/corporation-ucc-securities/corporation/forms-and-fees/domestic-and-foreign-limited-liability-company/domestic-forms/

I don’t know if I should try to secure a HELOC as soon as possible or wait until I’ve been able to save up more of a cushion in cash.

But they didn't report anything about the door damage at that time and also never mentioned about it before this pre-move out walk through.In this case, do you think I can deduct the cost to fix this damage from their security deposit?

So you should remember that reasonable wear and tear is NOT damages and may not be offset by the security deposit.

Instead, make sure to prioritize the security deposit and use discretion in choosing renters.

Of course, set your rent and security deposit figuring this. 

I will have a separate bank account for the LLC, and I have separate accounts for the rent, security deposits and cash to pay for expenses for the property.