The house is about 1400 sqft and is close to public transportation.

Here is the IRS publication regarding residential rental property which also defines when the asset is considered "placed in service" and with examples too. 

I keep hearing the market will be tipping soonish since the government plans on raising interest rates even higher in an attempt to even out the market. 

(I know it's public record, but this may add more information to your situation.)If you are self-managing now, how did you not know they were clearing the snow?

You also need to make sure the LLC has not previously been funded with non-retirement funds. 

@Kenneth A feldman ii a "business loan" is not really available for real estate since there are non-business loans available to buy investment properties. 

For this reason you may want to stick extra money you have into a publicly traded reit instead of trying to buy real estate right now.The way around this loan dimemma would be to have someone (like a friend or family member) co sign the loan, which means if you don’t pay the debt they’d be liable for it.

A "conventional" loan is one governed by Fannie Mae and Freddie Mac (if you recognize those names). 

title company will walk you through it since AZ is not an attorney closing state.just negotiate the rate of return.. do check your usury laws and make sure your not violating those.. title company wont do that for you.lender may need to be licensed but commercial non owner may be exempt I know in NV its not neither is Oregon or CA  but most states have a carve out if its a one off IE its the only loan she makes and she does not hold herself out as a lender in any means..not really complicated. 

We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.