were these all BRRRRs that were purchased with cash or short term debt and then refinanced? 

The general rule of thumb when using debt is to ensure that whatever asset you buy with the debt should make more than the debt service.  

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

This should be able to help out your DTI assuming 75% of the market rents can fully cover the monthly debt. 

Clarksville stands out with strong pop, wage, and job growth compared to the national avg.

I’d like to keep the current fixed-rate mortgage in place and, if possible, have the debt transferred to the LLC as well.

Hey Daniel,With that $500K HELOC, you’re in a great position to leverage it for a multifamily property, especially if you can find a deal where the rental income covers your debt payments and builds equity over time.

Debt reductionLots of people only consider the first option. " I am not putting any money in to my pocket month over month."

Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future. 

I don't think Politicians think or care about anything beyond "how can I get elected and re-elected." last time I was in WA DC at the Reagan Airport there was a conference on national rent control and this dude was walking around and his TEE shirt was like Screw landlords  Rent control now etc etc..