Plus, think of potential additional cashflow for the future when you refinance.

Additionally, I have other local owners that want our company to manage their vacation rental.

Agent has done great job and I don't want to shop for another title company if he gets additional compensation from title company?

In addition to Fannie Mae's homesteps.com site, I also keep an eye on Freddie's homepath.com and HUD's hudhomestore.com. 

I’m wanting to do a cashout refi so I can payoff the line of credit and move on to the next property.

Credit?

awesome idea and here are some big tips:- know that the leases are often end of aug / early sept, through end of the school year. so some people who only do this strategy, see that they have high vacancy in the summers. plan for additional vacancy % in your numbers, OR try to have your leases run 8/1 - 7/31. - if you're renting by the room vs renting the whole unit to a group of friends, have the following written into the leases: designated cabinets, designated fridge space, designated laundry days, overnight guest rule (and what's considered 'overnight'), + large gatherings rule.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?

I think that is not adding credit at all.  

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

The owner doesn't need to show alot of additional income for tax purposes but wants to sell the house.