What's your rational behind wanting to pay cash for the property?

Glad you are staying focused and rational rather than getting emotional about it.Combining the issue of the dog and the lease renewal makes this very complicated. 

Very few of us here regret being too cautious, while many tried to rationalize risky situations and regretted it. 

Every lender is different but I think you could dod 70% loan to value with 1.3 ration

It's where you rationalize what you bought was a good thing because you're making progress...even though that progress doesn't lead anywhere.Your goal should be to focus on a rally, as in adding up runs in sequence...one (or more) after another.

You need to make rational/logical decisions, not emotional. 

There are a few other items to consider (base-year provisions, tenancy pro-rations) but the above covers the basics that will get you going. 

Next tip and advice, don't call me or my team because we only deal with rational adults and i don't have the time, patience or will to put up with those who act in such a manner as you did here.

Trying to take money out yearly in some form of loan or LOC against equity is not rational.

However, they still look into your DTL ration because inevitably, you are the person behind the loans, not just the rent roll, potential, etc.