I think you can successfully do the BRRR method in GA and recycle the 30K  to get passive income and build from there. 

So is recycling LLCs dangerous in this regard? 

So, in total, if you take the leverage factor in real estate and couple it with depreciation protection for income PLUS the fact that you don't necessarily have to pay capital gains taxes on your gains in order to recycle them into the next property, and determine the annualized return on real estate ASSUMING YOU PAID TAXES as you might have in a stock portfolio, I think the numbers will end up speaking for themselves (assuming you find the right deals - BIG assumption). 

But keep in mind in June 2015 Georgia passed a new law requiring a receipt  for a new unit  or a licensed contractor to recycle AC equipment, copper pipe and wire.

This will let them know that you intend to take care of the property and than you're not just milking it.

Could be naive/rookie of me to think this way but we were thinking create leverage by buying the property in cash, then pulling $ out of it to basically recycle that into another similar investment - repeat that process - lease option to own with all the renters and sell before capex is due? 

Did I miss the part where if they are not interested they can throw the letter in the trash......I mean the recycle container ?

I've used Lakeshore Recycling in the past, just off I-55 and California.

One benefit to flipping that has me interested is being able to recycle that same chuck of money.

So most will bandaid the property and keep milking it, until you can no more.There is an economic floor, below which the long term buy and hold model does not work anymore, and you want to be mindful of that.