We are in 11 markets, including Huntsville and would be happy to set up a call to talk over some options. 

Would this be the ideal market, or are there other rental options we should explore? 

Be prepared that they will be promoting an optional mentorship program at the end.

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.

But like @Henry Clark said and others in this post there are options you can consider.

Our strategy is looking for multi-family homes to purchase and hold as option 1. 

Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

.- With $100K, you have a lot of options. 

If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road. 

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.