My financial situation is as follows:  No debt except Personal Residence, Home Equity Line of Credit - 100k, 40k cash, 700+ Credit Score.  

I have one rental now that I’m considering doing a refi to get cash out and reduce the payment so that the house cash flows currently it is on a 15 year which kills my Debt To Income (DTI) and cash flow.

No debt except Primary Mortgage, HELOC - 100k available, 40k cash, 700+ Credit Score.  

And it reeks of over-lawyering.The entity is also prohibited from adding debt, even if it's not collateralized by the properties.

Keep it in the tenants name and they will be more likely to pay it, not knowing that debt may not follow them.With all that said, I just received two shut off notices for the rentals. 

is there any restriction to include rental income in the debt-to-income ratio based on LTV.

While I was speaking with my personal bank, they said they could offer better rates in the form of a traditional mortgage, but would cap my lending amount at a 43% debt to income ratio.My goal is to leverage my money as much as possible to maximize my buying power. 

Thx Rob I'm going to look into that I'm just concerned that my debt to income ratio won't allow me to qualify for another loan the bank gave me a hard time getting the loan I have now.

As long as you qualify to carry the debt you can keep buying houses with just 20-25% down until you can't carry the debt or you run out of the 10 mortgages.

The best way to minimize your debt to income ratio is to pay off any and all revolving debt you can (credit cards).