To the greedy ones, don't get any ideas, just an example that a bank still has a duty to customers not to put them in a situation of having to deal with an untrustworthy party.

It could impact your home equity and financial security.For a safer and more specialized alternative, consider a Fix & Flip loan. 

Also I am thinking now that these are small rural counties with population in the entire county probably no more than 50k or so.. at least with most of those folks living in the city of Oroville which is right on the border with British Columbia In my flying days I would go into Oroville to get through US customs compared to going into one of the airports Airports north of Seattle .

There are companies with the customer best interest in mind.

Are there specific advantages or potential pitfalls I should consider when structuring these activities through my LLC?

Chicago title in the day their customer service department kept a spread sheet for me of all the NODS in the 4 county market of Portland OR that is 3 Oregon counties and clark co was across the river.. this spread sheet which they updated daily would show address  lien position and property tax and any other judgements like IRS .. this was a service to garner my RE companies business I had 50 agents at the time working for me plus all my personal volume .. then I had a team of door knockers who started knocking doors ONLY within 7 days of the sale date ( as thats when people get really motivated to do something) Once a deal was struck ( we negotiated how much we were going to pay them and how long they could stay ( rent free mind you) the deal was done over the kitchen table cashiers check to them in exchange for a deed to me..

Another factor I considered is that the role will help me understand RE markets better and be looking at a lot of deals.

But, we would be happy to consider other ways to make it back for you. 

•Consider a cash-out refinance with a lender that focuses more on the property’s appraised value instead of just the income.

You might want to consider doing a house hack to help you qualify for more.