The answer to your question "maybe" depends on whether or not the value of the property has appreciated since they were purchased by the LLC. ...

We've been able to cash flow extremely well, and the home has already appreciated over 50% in value.

Any information and words of wisdom are greatly appreciated!

We have been able to hold the home as a rental property since and are loving both the cash flow and appreciation.

You might have money coming in but truly understanding the appreciation/depreciation aspects, tax aspects & having the structure set up is the difference between being on a hamster wheel & scaling drastically.  

Besides a none renewal of lease which only a few months away, any recommendation on what to do next or another strategy to address the situation would be greatly appreciated.

I will also be looking for a contractor and property manager in the area and would appreciate any referrals.

Appreciate some feedback. 

The idea of the BRRRR strategy is to force appreciate the property so that when you refinance you can pull out your initial investment (or as much as you can) or additional cash, if the appraisal is high enough.

If you could help to co-ordinate this one and round up your local folks, would greatly appreciate it.