As you mention may want to look at dividing the space and trying to get two tenants in there

How is the market and opportunities this time.and if anyone can refer me a good property management in the area.

go to lots and lots of meetups.2. talk to those HMLs and find out what their terms are.3. save up enough so that you have a down payment, reserves, and also enough in cash for the hold period. 

Long story short, I am in a bad financial condition as of recently.

But once you move in, I don't think you'll be able to ever refinance the thing.

In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well. 

I've been trying to cancel my subscription but the "cancel my benefits" does not work.

Welcome to BP - you've come to the right place for resources on real estate investing!

Also curious about this area--do either of you now own in Murphy?

What makes it tough in the beginning is your rental income is not established so you need to be able to handle the debt not using rental income.