From what you say about quit deeding into an LLC, it leads me to believe that you would choose a commercial loan for the refi as commercial lending would allow the LLC to be the Borrower on title (as long as the LLC and/or property can qualify for the loan). 

Like most "takers", you took as long as it suited you, then disappeared. 

She does not care about the wholesale deal and my commission as long as I get the bottom dollar she is asking for but wasn't aware of the strict laws they have in Arkansas. 

As long as they complete the job on time and under budget, there will/should be a higher profit, and they earn more because of it.

As long as the rate makes sense and there's no restrictions on the use of those funds I would go ahead and deploy that money into the Airbnb. 

I can talk in terms of conventional financing.It honestly doesn't really matter where you start, as long as you do both within the same calendar year OR you suck up and pay more taxes to uncle Sam.

In more detail, this would be my advice, based on what friends have done:  Buy a house with a lot of bedrooms and bathrooms for its price with a walk-out basement; have other people (usually servicemembers) as roommates, renting by the room; house-hack the basement into another unit, and as long as you don't install a stove you stay legal where you aren't allowed to subdivide but you can still have a large toaster oven, a hot plate, and a full sized fridge; then you have two complete units (local-style) when you are deployed elsewhere that will result in a decent positive cashflow and, if you bought in the right place, probably appreciation; cash out whenever the market surges and invest in somewhere that cashflows better with all your profits.  

If you pay the utilities and they stop paying rent, you still are required to pay the utilities as long as they're in the property.

Some have told me that the VA loan is one-time use only and others that it can be reused as long as it’s owner occupied.

@Jade Chau in most places, as long as you're not asking above-market rents, vacant rates are very low.