I put my investor customers' needs first, because I don't need to make a real estate paycheck to pay my bills. 

. $600/yr in taxes seems like a low amount for a developer to not want to pay in order to acquire an extra plot of land that would enhance their space lol. 

How do I pay taxes on my LLC? 

We, as a Roofing Co, talk and deal with MANY clients that have aging roofs, and yes are fine, but the ins co is either wanting them to: replace the roof; pay a higher delectable; not have coverage for the roof; or drop them!

Assuming 7.5% int (and I haven't seen a DSCR lower than this) at 75%, your Principal&Interest is already $1,337, not including property taxes and insurance.

Pay the mortgage.

Several large Georgia State tax breaks were also part of the deal.

This means I would take over the loan and pay 2k/month on top of needing to come up with 280k.

It will be easier, but you will pay 2x-4x more than you would if you were local and on-site watching.What's your plan for watching the rehab? 

Hire a PM before you find you have a non-paying tenant living in your home for 6 months while you beg him to leave while paying his utilities/repairs and probably a relocation fee  I hope you sell, but good luck either way