The safest bet is to lock in a fixed interest rate so you don't have to sweat every month when the Fed raises the rates.

Without knowing the values in your neighborhood if you're sitting pretty on $100K+ equity, and more buyers come back (Feds policy), prices will drive up, and selling could be really easy.

I understand an LLC itself doesn't offer tax benefits, and is seen by the Fed's as nothing more than an individual.

The property is 40x120ft, and has a city sidewalk, so I'd want a team I could rely on for all our snow and grass work to avoid city fines. 

As long as the Fed is hostile, I'd tread carefully in the short term but are going to have to pull the trigger somewhere along the curve. 

Or better, 'don't fight the fed'.

Because the fed has already announced intent to raise, we can predict with near certainty the rates are going to rise. the current inflation is higher than it has been in decades.  

We're anticipating the Feds to hike rates by 75bps tomorrow - hence the chaotic rate performance the last couple of days. 

The Fed delivered its seventh and final rate hike in 2022 earlier in December, with another 50 basis points, leaving the federal fund rate in a range of 4.25% to 4.50%.

Assuming 25% combined Fed & state tax (could be more or less depending on your situation) you will only have $14,250 to invest in real estate (or anything else).