So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

Would a cash out refi be under commercial terms since the property(s) are under LLC?

Investment Info:

Single-family residence fix & flip investment in Success.

Purchase price: $55,000

Cash invested: $25,000

Sale price: $119,000

Bought at around $50k
Fixed up at around $20k
So...

@Dan AudinoFor path #1, is your eventual goal to rent out the property?

What other methods should I use to acquire another property? 

Haven't had much success with people I've used in the past for other properties  Thanks

On a 320k property Ill be paying 9k annually. 

I definitely wouldn't sign a purchase agreement before seeing the property.

Figure out how to actually analyze property and practice.