If any one has suggestions or anything, that would be great! 

For example, a quick "back of the napkin" conceptual estimate (WAG) suggests the following:Appliances (dishwasher, refrigerator, stove, hood):  $3,500Kitchen sink, disposal and faucet:  $500 (material only)Kitchen hardware:  $200 (material only)Kitchen cabinet restoration:  $3,000Kitchen countertop restoration:  $1,500Plank flooring:  $3.50/SF x 2,000 SF = $7,000 (material only)Electrical rehabilitation (including light fixtures):  $4,000Plumbing rehabilitation (including toilets, faucets & shower):  $3,000Bathroom tile (2 baths):  $5,000  New roof:  $10,000New siding:  $6,000Paint (outside):  $4,000Paint (inside):  $5,000Staging: $1,650TOTAL:  $54,350This estimate does not consider any cost associated with building permits or design professionals. 

Also in terms of collecting rent, any good suggestions aside from tenant mailing check?  

The guidelines are different for both types of loans, so I would suggest you speak with a few lenders to see which best suits you.If you do close in  your personal name and then transfer title to your LLC, you may very well violate the due on sale clause contained in your mortgage.

Thanks for the suggestion, I will definitely take that into consideration.

Please share your plans/bandwidth for further suggestions.

If anyone has some suggestions of some good companies to hang my license with I would really appreciate it!

:) Yeah, I know Creative Cloud is a lot cheaper than full-boat Photoshop used to be...

I myself don't buy SFH above $150K because numbers usually dont work in my favor, but i would suggest networking with real estate brokers who focus on higher end  listings.

A calculator app like Robert suggested would be very appreciated.