There are no transfer limits when you transfer to your bank.However you should consider other alternatives for collecting rent that are more landlord friendly. 

That said, it's an individual choice because there are individual factors: retirement, marginal tax rates, writing off interest payments, etc.

Adam, you and everyone else is correct in thinking baseboards are an economical alternative, as they can be retrofitted far easier and cheaper than moving over to an all new forced air system.

I know I'll run into financing issues due to the unconventional nature of the property, so it'll probably be a cash deal, unless someone can suggest an alternative?

Super expensive to which I thought there was no alternative.  

Your choice, not sure how much the repair was on the main

., good choice.  

It's possible that you might qualify for a Bank Alternate / Stated Loan.

If you're under, you should have a choice. 

If I had the choice for around the same price, I would use real barn board.Home depot recently started selling a weathered looking rough pine board at more reasonable prices, I'm planning on using that on a flip in the next few weeks.