I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.

Also showing almost a 20% CoC return, which in my research I've found to be a highly ideal number for investors.Is there something I could improve on with this report or fix?

They may sell in a few years when interest rates drop or keep it longer term as cash flow on the property improves!

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

You have to be a serious individual that takes care business.

You just have to be careful because some sales agents will just advise you to over improve the property because it makes their job easier.

Typically, we conduct background checks on only the individuals who are responsible for the lease (primary resident) and/or cosigners.

Do my 3 associates need to create a LLC to be able to do these renovations or can any individual do them, as long as proper permits are pulled? 

This ensures you lock in better terms based on the improved cash flow.

That loan will cost you around $800/month for 30 years.I think this improves things, and your only loss would be the cost of the equity loan and the payments you've made so far on your IRA and credit cards.