Having never done one of these, can I get some feedback on how we structured the option and pose some questions:-Option price would be $263k (listed at 260)-3-year option. 

With today's interest rate, this may be a viable option, compared to buying physical RE.

lots of options depending on your goals. i focus primarily in knoxville with long term holds and a few flips. my long term holds are focused in 37921 and 37912 zip codes and focus on long term tenants and student rentals. oak ridge has a great upside for long term renting as well as mid term with the lab and all the contract labor that goes in and out of there. happy to pass out some references if needed. 

I'm continuing to educate myself in investing to open up more options in my career.

Explore your financing options, such as traditional mortgages, hard money loans, or private lenders.

I'd love to discuss some options with you and see how I can support you and your business.

Yes you definitely have many options for purchase with LLC using no income and no doc .

I could look at nearby properties and their tax value on the County website Any advice on which of these 3 options is more likely to succeed? 

Feel free to message me and I can point you in the direction of a few other options. 

I live in Montana and geographically, it seems like one of the only options for investing that is within one flight away from Montana.