Wanted to know if the next action step should be talking to lenders about my financial situation or getting an accountant to set up the foundation for our company. 

Once I get back stateside I will walk through my LLC with a professional to ensure everything is in order, but I was able to set my LLC, purchase my domain (if I ever want to make a website), acquire my EIN, open my business checking account (NFCU if you have an account or can get one) and get approved for a credit card and a CLOC to start building business credit for it...all from a distance. 

For clarity sake, the previously mentioned "cash" term refers to liquid cash (cash in my bank account) not cash-out refi. 

I had a contract and brought an accountant in to audit the books for my account because the expenses for repairs and turns were so high. 

Account Closed if you are self managing id recommend setting up a phone number thay tenants call with issues.  

I am building up my saving accounts to begin to do my first buy and flip.

Unless you misunderstood your accountant, you need to fire him/her and get a new one that knows what they are talking about in real estate.

Any way to reduce the distribution amount to account for repairs and property taxes over the years?

. $200/month cash flow after accounting for vacancies, maintenance, management, EVERYTHING.Let the cash flow build up in a liquid checking account.

The boot would be offset by the 121 eligibility and your accountant would settle it all up at tax time.Your case is slightly different.