Purchase price: $395,000 Cash invested: $39,500 We were dreamed buying home in California, but we just turned our around.

If you aren't paying cash and are doing owner occupancy you may be able to use FHA instead of Conventional with a higher down payment. 

Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

Would a cash out refi be under commercial terms since the property(s) are under LLC?

I'm offering $115K cash and can close as fast at the inspections and title work can be done. 

Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside. 

I offered $100k cash sale or a $150,000 bank sale.

as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.

Long-Term takes the least amount of time, Short-Term the most.Unless you have the time & discipline for this, SELL.4) If you sell, would it make sense for you to re-invest in other rental properties?

In order to do this, you need to have cash or cash equivalent for that one day that you close.