2) Is there any benefit from to putting my townhouse in my LLC’s name?

@Craig Peterson People with not a lot of time who like the higher returns, cash flow, tax benefits, debt pay down, appreciation, and control, but don't want to do a rehab.It's true the returns are lower this way but you don't have to spend a lot of time looking for off market deals, you don't have to go through extensive renovations and tenant turnover, and you have cash flow from the beginning. 

i.e equity 40%Do you review your list and adjust regularly? 

Learn to build relationships and systems and you can have the passive benefits and still keep the bulk of the money.

Then there's really no benefit.

See what the insurance person, sometimes they send an adjuster to review the property, says about the space.

However, that is typically structured at 6% for 5 years fixed, then 20% adjustable with a 20% downpayment.

The benefit for me is that they'd fit more easily, and I could skip installing the dryer vent, but I see that they don't work as well. 

That will benefit the tenant more than you.

Find someone that could benefit from your energy and commitment.