I conducted title searches to confirm there are no liens and double-checked with the county to ensure there are no outstanding debts.

.- If I use any of the above, can I use a portion of the money to pay off personal debt?

. $100 million equity & debt managed.

I want to place a lien on my Ohio home (that is owned by my single-member OH LLC) with my WY LLC (or could use TX LLX) as the lienholder, so it shows debt and strips the equity. 

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

If you're going to owner occupy and and want to benefit from some rental income then I'd go for it, but if you're looking for some combination of appreciation and cash flow there are better places to put your cash.

The “Big deals” are…You have to buy something you don’t already own, not pay off debt, renovate a home you own, or build on land you already own.You have to spend all the “cash” you receive.You have spend more than your net selling price.You can never receive or have control of the cash, you need a QI PRIOR to selling. 

My next comments are ONLY for tax purposes and may not align with how the waterfall works in the offering.Your syndicator may treat all distributions paid to you, up to your full capital balance and any allocated debt, as a return of capital for tax purposes.  

Eliminate debt, establish a budget, and save.

But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc.