The delta is entirely up to you.

You can just stick the funds in a CD making 4-5%, pocket the delta and if you get into a jam where you just have to pay that loan off, break the CD early and do it. 

The difference between those two numbers (the delta) is yours to reinvest.

Despite the SE tax savings, you still must take a salary, so you're only saving on the delta of salary and net income.

With that, it does not by any means imply that the current methods, percentages, fees, contracts etc. are the very best version to reduce/lower the misalignments to a smaller delta than the current status-quo.

By the numbers, the net gain here is the 2% delta. 

Just closing the delta by $100 would go a long way to bringing me back to net neutral cash flow after the cash out refi and a year or two of future increases should bring me back to positive.thanks again!

Step 1 is uber-simple; get a good credit card that has some kind of rewards/kick-backs that are most profitable to yourself, like cash-back or sky miles etc..

For NOLA, I suggest Crescent Title or Delta Title.

Ive never ran into a max limit like that before but I personally would take slightly less money if it was 0.75% rate delta.