Make sure they have a true "boots on the ground" team i.e. they send their employees for maintenance and aren't 3rd partying every call which tends to get very expensive on the back end. 

#3 Hire An EmployeeYou could hire a part-time or full-time employee that has Construction Experience that could handle the process of estimating the repairs and creating the Scopes of Work for your projects.In conclusion, learning to estimate rehab costs takes time and experience, so if you aren't willing to put in the effort to learn how to estimate rehab costs then you need someone on your team to take on this important task!

In today's economy, how much would McDonald's be hiring entry level employees at? 

Also, if I hire only 1099 employees like VA’s or an accountant for keeping my books, do I need to register my LLC on Form 2643 with the DOR in Missouri? 

You will have to provide your job history for the past 2 years to your lender, but the length of time is more lenient if you are receiving a salary as a W2 employee (because this is viewed as more stable income).

I started with 4 automotive lifts and 2 employees. 

I had an awesome opportunity to work (as this companies first 1099 employee) for a new Hospitality company in NOLA.

However, workers/employees get paid pretty much no matter what happens to the deal. 

The ways to harness the equity include: - Cash out refinance (using a conventional or private mortgage)- A Second Mortgage or HELOC (often has a variable interest rate)- Selling the propertyIt is also rare, but possible, to access the equity by partnering - you could sell a portion to a financial partner, giving them some ownership.

So, unless you want to sell out entirely, I think you are looking at a HELOC or 2nd mortgage as your way to harness some of that $100,000 in equity.