Is it possible to pull out equity on my portion? 

4.  2 and 3 above determine your deal size

Tenants either didn’t give proper notice to move , damages above the amount of the deposit , rents or portions of rents due, etc .

If I open the Stessa account and the linked high yield Cash Management Account in the name of my checkbook LLC does anyone see a problem with this set up if I left a good portion of the rental income to sit in that high yield account?

I also own and operate a business that provides water submetering for multi-family properties of all sizes.

Depending on the size of the house, this could have potential for the insurance placement strategy, which tends to be one of the most lucrative strategies for midterms. 3, 4 and 5+ bedrooms are typically in demand and especially if they're pet friendly properties.

One of the homes is move in ready, with very little potential for value add due to the awkward layout and limiting lot size

Keep in mind if you are doing commercial/portfolio/other loan types then none of this may matter…but for Fannie/Freddie it will.SCHEDULE CThe Schedule C portion of your personal tax returns is where most people file a business that is operated as a “sole proprietorship”.

However, for Airbnb, a two-bedroom might attract tourists depending on group size.

And I note you completely skip the mountain sized hole I blew straight thru your premise.