That is usually handled through the Excess/Surplus Lines market (your agent will know what that is).  

Its this simple...If you can put your cash into an asset that is earning 6% and you can get a line of credit secured by that asset at 5%, then anything you do with that 5% money will create a surplus return on top of what original asset is earning.That's it.

What, otherwise, will be the policy in relation to dividends – to what extent is it intended to distribute / retain surplus profits?

Older homes especially fall prey to high premiums because most surplus lines companies don't want to take them on so Citizen's is the last choice for insurers which can be very costly.

I'd like to make some renovations with the hopes to raise the value as well as absorb and consolidate some of the debt that I carry currently and have a surplus from the future second loan for the second closing cost.

So I try to keep spending under $25 a day and think of the other  $25 is a surplus.

You guys should all be looking for ways to increase your current earnings so you've got a surplus of funds to use in your real estate business.

If however all you are doing is parking surplus cash and don't care if your equity is at risk in a market drop then burying it in real estate is slightly better than stuffing it in your mattress.

I'm able to find a surplus of information sorted by county but none by zipcode.Any help appreciated.

LTR rents really don’t cover your costs in the Poconos (there’s simply a surplus of properties - they overbuilt back in the day when the Poconos was more popular - so both LTR & STR supply way exceeds demand thus pushing down rental rates), esp once you consider how brutal the taxes are (still not sure why the property taxes are so high), I could only imagine it getting even worse during an economic downturn.