I have a contrary play. 

Do you need 1 LLC for both or should each have their own LLC? 

If you have the money and a financial foundation to do that then that seems ideal.

I have enough cash in the bank to purchase a small  2bd, 1ba SFR (already cash flowing/w tenant) outright.

I have a duplex and am placing it on the market.

I have family in Pacifica and there might be some local meet ups you can talk about what is holding you back.

The house is re built (low cap ex) and it seems like you have a great tenant.

So I don't have of ton of advise but in my process, I found that they paid the same as market rate for rent.

@Rene Brodowsky appraisers, like most workers, will take the path of least resistance if allowed.Appears they are using an AI system to valuate your home.As suggested already, you may want to request an actual appraisal, which you will have to pay for, and send your own comparables to Huntington Bank to try to guide the appraiser.Otherwise, you may need to try a different lender.

My wife and I have owned and managed STR condos in Carolina Beach and Wilmington, NC, for several years.We are looking to purchase a restaurant in north Asheville.