For the LLC, talk to an attorney and your tax person.

I think you'll just generally have less competition, so your chances of landing a property are higher, but I'm not seeing any bargains due to seasonality like there used to be.

Now, with taxes, insurance, and interest higher and rents not keeping up with property values, most investors are putting more down to get the properties above a 1.0X DSCR. 80% is acceptable, but the issue is getting the property to cash flow at the higher amount. 

The deal was contingent upon 60 day due diligence and a clean Phase 1 environmental assessment.

Then I would have a little more equity and like you said at that point it would be a loan against an investment property which is tax deductible right? 

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

Property Taxes 11,000 yrly, insurance 4930 yrly.It falls short of the 1% and 20% rule.

I am not a tax expert, but here are my thoughts. 

We also have pretty high property tax bills (around 2% of the purchase price/property value) that eat into a lot of the rental income. 

Also I have seen a few listed due to divorce....I wonder how the STR strained their marriage.