@Jaron Walling, I don't use any "bad debt" like credit cards and you use a cash-out refi to UNLOCK equity, not to lock-in equity.

I had a pothead tenant once and he would leave the oven on for 3 hours because he got high and forgot about the pizza slice he was warming up in the oven, he would leave the front door wide open and unlocked, etc.Weed is super powerful these days (this isn't your dad's hippie weed from the 70's) and this scientifically engineered weed is mind altering. 

Then I would ensure you come up with a system as to how you will handle giving remote access to renters (digital locks with changeable unlock codes), create a one pager of "House Rules" for renters as to how to handle the use of the property (do they have deck access, rules for the pool/jacuzzi, instructions for wifi access, emergency contact numbers, lists of local restaurant's/bars/entertainment, how to check out properly and the condition they should leave the unit in, etc.), line up a cleaning company and someone who can restock the place with cleaning goods/towels/if you provide complimentary snacks etc.

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If LANDLORD responds to lockout and unlocks door for TENANT(S) than a lockout fee of $100 will be charged.

Must be Excel or at least google sheets based and unlocked to manipulate data.

I'm in a similar situation; close to $1m in equity I can't unlock on my primary residence because I run my own business and pay myself peanuts ... so the bank looked at me like a leper when I applied for a HELOC. 

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You need a new CPA.First of all, it would appear you might qualify for real estate professional status which would unlock lots of tax savings.A much easier way to solve your LLC problem is to create a management LLC. 

The police say, "don't leave guns in your car and don't leave cars unlocked."