If you are in good standing, maybe the bank will allow you to move considering your circumstance? 

Our contract outlines all contingencies and deadlines along with comments about whether EM is refunded in each circumstance.

Last time I looked into it, I thought Fannie or Freddie changed the rules so that it allowed the use of LLCs in certain circumstances.

You can probably only get 80% of the equity but if you had $100k appreciation and probably your downpayment + some principal, you might have closer to $125K equity, which should give you about $100K in your HELOC or AIO-loan.With that money, you can buy 5 well-performing properties @ $100K each from a turnkey provider and use the positive cash flow to pay back the HELOC/AIO-loan.If circumstances ever require, you can use the cash-flow money for expenses and you still have your original appreciating asset + 5 more assets.

I would suggest being more conservative in your analysis to protect yourself from unforeseen risks. 5% vacancy, 0% prop management fee, 5% maintenance, 5% capex. 3% interest rate on a 30yr loan. 

12 Ways To Meet And Welcome A New Neighbor At A DistanceBeing the new kid on the block can be intimidating or lonely under any circumstance.

I'm new to REI and biggerpockets, I've read many posts on this subject but I'd still love to hear everyones' thoughts on my particular circumstances!

@Roxanne Rose in normal circumstances a cash-out refinance should not trigger a tax event because loan proceeds are not income, and therefore they don't carry the normal consequences that receipt of income can carry. 

I've never done Airbnb, and under normal circumstances (without COVID), I know that New Orleans would be a great place to do it.

But in the current circumstances the "guaranteed" income with Section 8 outweighs all the negatives..in my opinion.