If you hire them as an employee you have to pay un-employment insurance, of course you will have to pay for the company side of all the taxes, filling out schedule B, 940,941, and all the state forms, you will have to go through an audit once a year for the unemployment taxes (only taxes a few minutes but you need to know what you are doing).For one employee not usually worth all the headache. 

Refi is the way to go if you truly want to harvest the equity. 

You will have to go into credit card debt and although what they say won't be true, you will like what they have to say much more. 

As a property owner, I desired from RDU clear expectation on the range of dates during which the money would reach my business accounts.

The house in question is in a very desirable and stable neighborhood and rents fairly easily.

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Uncle Sam takes 1/3 and you have to go out and do it all over again.The goal, while you hold rentals, is that you receive enough rent to cover the cost of owning and maintaining until paid off.

What is the best mailing company to go with? 

Vinyl planks sounds like the way to go.

The goal would be to Airbnb the place out so that we can cash flow more than would be possible with a long-term rental, and so that we would have access to the home for ourselves when desired.