They have no income, so they can't refi or HELOC to use their equity for their personal expense.

However, the hard part is the expensive bay area entry price - even with the VA loan, it's still difficult to find places that makes sense for both while we house hack and when it's turned into investment property if we move.

I have another car that’s paid off that I am going to sell for around 15k.

It is just an empty lot sitting around 3.5 acres…paid 140k and will need a fair share of rehab in order to prep the land for these structures and I guess the zoning of this lot allows us the freedom to build “what we want”.  

Last year I was in Prague for 2 months while I was trying to close on new construction in FL, and i ended up having to do multiple embassy trips (which needs to be scheduled a week in advance), multiple expensive air mailing, and in the end I got back to the US and signed it there because everything was still screwed up.

There is some owner occupied space but rent is paid out to the LLC. 6 years with 4 years remaining on current loan.

If you're not living there, I would typically want at least my expenses covered.

One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

Hey Pat, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Then, what was left on my HELOC was able to be paid down with cash flow as I took my foot off the accelerator.Hope that helps!