Another good strategy is just having high limits of liability insurance on the property.

We got to the page that says:Due to the number of members in your LLC, you are considered a Multi-Member Limited Liability Company (LLC) as the type of structure applying for an EIN.Since you are a multi-member LLC, we must initially classify you as a partnership.

I was looking too, but the area where it's allowed is sooo limited. 

Just to reinforce what's been said, the LLC is there only for asset protection via limited liability. 

I already asked if they would approve increasing the amount but because it's now purely an investment property, they cannot increase the limit.

I've got a small business that I'll be working full-time so the runway before my FTE position is up is limited (in re: to financing concerns). 

@Cody McVay - Limited partner, only provided cash but was a really good learning experience.

If they come in as partners, they can deduct the interest expenses directly against their share of income from partnership.If they come in as lender, they can still deduct the interest as investment interest but might be limited depending on various other factors such as need to itemizing deductions rather than standard deduction. 

One problem I run into a lot is age, I always want to do everything but I get limited because of my age.

I am looking for investment opportunities in Pinellas county more specifically Saint Petersburg and they have local laws that limit the number of times you can rent for under 30 days!