I understand when you sign an FHA loan you must state something on the lines that the house will not be registered under an LLC.

What does that have to do with a personal refi loan in my name?

If you have a loan, you may wish to look into due-on-transfer clauses.

I am currently a healthcare provider and hoping to use RE and other investments to create more passive income and perhaps retire early to spend more time with family and travel.

You said cash-flow is a couple hundred dollars per month, but don't forget to factor in maintenance, vacancy, CapX, and any costs outside the monthly loan.

What I have heard is the following:1) Banks willing to extend loans with the existing owner, hoping they can hold on until NOI goes up or interest rates come down2) Banks knowing a property is coming back so reaching out to a local broker to find a buyer with a pocket listing. 

From cash flow point, not sure if it would make much sense to invest 180k to have an income of may be 900$/ month (that is if we dont use loan).

This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.

Most places I'm aware of don't allow you to have the only access to one bedroom be from walking through another bedroom, so will you need to add a hallway to provide access around an existing bedroom?

I've traditionally relied on an Excel sheet, but it's not always convenient when I'm away from my computer.I recently came across an online calculator that seems to provide detailed metrics, including Cap Rate, IRR, and others.