@Drew Potts Main times its easier to set it to a 30-year amortization schedule, but pay it is as if you're on a 15 b/c then you don't have to make the payments.

The roof will need fixing or replaced, some of the floors on both the top level and main level will need to be gutted.

I'm mainly in it for the signing bonus and some potential tax benefits.

I'd ask your agent to run comps for you.If it were in central Maine where I live, and where RE prices are very low, I'd say it was a little under priced. 

The LLC was created (in all honesty) with the main focus to refinance into.Could you elaborate on "make the LLC look like an alter-ego in my opinion"?

They’re mainly looking for the contractor to fill out paperwork and provide insurances and sometimes a background check. 

Somehow the person I was working with stop replying, even after calling the company's main number and explaining, no one called me back.

My ROI/ Cashflow is nonexistent, I am mainly focusing on learning and I need to be more familiar with calculating those metrics. 

They started working on the main place.

As of now I know it’s incredibly hard to get financing for purchases other than your main home and I’ve heard you can only utilize 30% of rental income after you’ve had it for 2 years for loan purposes..