An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle. 

I’m involved in a private LLC that owns land in which we are asked to provide additional $ for property taxes every year.  

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

That's an ADDITIONAL capitol investment made. 

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.

Additionally, the study should contain 13 principal elements.WHAT ARE THE ELEMENTS INCLUDED IN A COST SEGREGATION STUDY REPORT?

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

The way I can imagine is perhaps putting up additional cinder blocks but that sounds expensive.

Or in this case the additional tax on investment real estate in SC. 

In both you are now paying taxes on an additional $1K/mo.