Which means you deposit cash into an account that is used similar as a debit card but reports to the bureaus.

The guideline states "The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).The delayed financing guideline states the the new loan amount cannot exceed the borrowers initial investment. 

So, for the books, would I just consider that a loan from my personal account, and then any payments would be debited from the LLC to my personal account and then I would pay on the loan from there?

Sounds like pre-paid legal advice.

It's an ACH debit process.

Recording fees, title insurance, insurance prepaids, tax prepaids, tax prorations, and the plethora of fees from every government entity with their fingers in the pie still apply.

The lender fees are $3200 and the pre-paid escrow accounts with loan interest is $2000.

I have found that the cash flow I want (15-20% ROI) with buy and holds are hard to achieve with a debit service in Philly.5. 

Jake-  most FHA lenders  will : 1)require any  credit  from seller/ agent to be applied to  closing costs / loan fees/ prepaid interest / taxes / insurance  or the UFMIP ( upfront mortgage insurance premium )   2) lenders will rely on the FHA appraisal  and  normally not require the property inspection ...so if appraisal  requires nothing to be done on the  repiping ...you should be able to do this post closing on your own timing ...if appraisal requires it to be done - then you will likely need to have this  done before closing

A lot of it is prepaid items like insurance or taxes, so you're not losing that, just pre-paying it.- Tom