Happy to help evaluate this opportunity if you want an extra set of eyes. 

You can try to claim this as an investment property but if the IRS catches wind they are going to see that you are directly related to the "tenant."

Plus, keep an eye on emerging markets like Greenville and Columbia in South Carolina—they’re seeing more development and interest.I can get you more information on specific areas once you have a more concrete idea of where you want to invest.Let me know if you want to connect and I'll be happy to help. 

The purest example of a capital appreciation investor is the investor who buys a parcel of undeveloped land or a city lot with the idea of allowing development to “catch up” to his acquisition and then sell to the highest bidder.  

After about 6mo I ended up meeting the love of my life which opened my eyes to thinking further down the road than I had been previously and although I really enjoy the Casino Marketing game, I soon realized it would not be the best path to achieving my life/financial goals for my future family.

Assuming you are the single member on the LLC, if the property holds the LLC you would not be a first time home buyer in Fannie/Freddie's eyes.  

Some tenants are struggling to catch up on rent, which has been exacerbated by the expiration of federal eviction moratoriums and local rental assistance programs.

If you need assistance with eyes on the ground, resources or companies to work with, my suggestion would be to get on here and be transparent just like you were with this post. 

The experience of generating consistent cash flow from that rental property opened my eyes to the potential of leveraging real estate as a long-term wealth-building tool.

Post on craigslist, post on marketplace,  get A LOT of lines in the water and you'll be more likely to catch a fish.