Sounds like a lot of moving parts and hoops for the amount of tax savings, but that's just my risk/reward profile speaking.

Most of the cost was the backhoe to dig up the line.

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

Weird that the township would go one way and the city another. township is much larger than the city.

Adjacent to this bustling hub, affordable residential lots have remained available, particularly after decades of urban renewal and the city's efforts to address blight.

This means the value will be at the low end of the comp range

I disagree, I had a time when my name and the name on the insurance didn't match and the lender was all over it, regardless of the on-time payments.Your best bet is to refi into a commercial loan that allows the LLC (if you've already purchased the property), or close directly with a commercial loan / DSCR loan.

I keep it updated with all sorts of local stuff.

They can take care of a lot of the monotonous tasks, and even do things like send leases, screen tenants, add rent charges, pay utility bills, the list goes on. 

I’m doing out of state too, might bounce some questions off you in the future.