These would hopefully allow me to keep the property which is my ideal situation.Additionally, I could wait until April this year since it will be 2 years as primary residence and then sell/1031 into a new property that would hopefully make a better long term rental while avoiding capital gains tax.Which option sounds like the better plan?

Since this is within the city 2 mile limit they will allow a 240 foot depth.  

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

In addition to that, we are not allowed to self promote in these posts. 

DSCR Lenders will generally allow multiple sources for liquid assets, including cash-out proceeds, and statements from retirement or investing accounts. 

As far as lessons learned, despite the lack of a conventional parking layout the projects great location has allowed for a smooth sales process.

We find properties "off market" and that allows for great latitude in how we invest. 

Who knows what else you could be missing out on if you are wondering if a necessary business expense is deductible or not. 

But you could try a brrr with hard money and perhaps refi with a dscr (I forget if they allow owner occupation, however:  probably not). 

Since the start of 2022, companies have been required to spread deductions for investments in domestic R&D out over five years (15 years for foreign-sited R&D).