if you're a few years out before starting in the US with RE Investing, the best thing you can do is work on your credit and safe money and start establishing business credit with banks and credit unions here in the USenjoy Panama, and good luck

I am a rental property investor but i hate making things complex and the last thing i wanted to do was create a separate bank account for each property..yikes.

Apparently this is not offered by most major banks.

This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.

Does anyone have a recommendation for an investor-friendly bank(s) in Burlington? 

Just curious why you're looking at those two banks for credit cards?

As the owner of the property that is being severely mismanaged, do I have the ability to move the money directly to my bank through government action?

Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.

Apparently this is not offered by most major banks.

Much of my career was focused on REO properties, during which I ran a parallel small business that handled property inspections and performed BPOs for banks.