Would a home equity loan be a viable option in this situation, especially in regards to eliminating some of the red tape I'm running into with a refinancing an scorp-owned property?

Only caution is if they don’t have checkbook control and there’s a time crunch going through the custodian can cause delays and red tape to deal with.  

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

This is another reason why I see 1M posts on hear about people wanting to transfer properties to their LLC because some guru they paid $5k told them too.

Get there in person and find the house in a sink hole or wrapped in meth lab tape or some other huge issue not seen online.#5 There used to be a lady named Sandra Edmonds I believe and she went by the name of TAx Lien Lady. 

Windows are expensive to replace.4) Glue Residues - Lease is very specific for no double-side tape or adhesive (ie 3M pull tabs ok, but not double sided tape.)

Hopefully you have a Checkbook IRA to avoid the red tape and fees of going through the custodian for each transaction.

@Kyle Kulhanek Are you planning to transfer the property into an LLC owned by both individuals on title? 

I am currently renovating it and we plan to when i am done to transfer the property to my buisness name. what would be the best route to go.  

Far more costly to transfer property at a later point than simply purchase in an LLC on day one.