Specifically refinancing debt/loans?

Upfront out of pocket isn't feasible, going into debt for it doesn't make sense either.

I will be making around $110,000 annually and have $20,000 in student loan debt. 

You treated them as part of your personal finances when you wanted to lay your hands on some money BUT want to think of resulting debt as part of the business and are frustrated that the rents aren't covering that debt.

This way the property is owned by the LLC even though the borrower on the debt is you personally.

- Who carries the personal guarantee on the debt?

Here's why:With a DSCR (Debt Service Coverage Ratio) loan, you can leverage the rental income from the property—like the $4,800/month rental revenue—instead of relying on the seller's personal credit or income.

What are the potential tax implications ups and downs of transferring the residential property to business ownership and then acquiring debt on it?

But Gino can you pay your credit cards every month or do you have to carry a balance ?

Or are you unclear as to whether you structure as a debt offering or equity?