The vast majority of "regular" or traditional (Conv/Govt) mortgages are originated by specialty lenders and brokers and are sold in the secondary market to provide yield on bank balance sheets (think Chase or BoA) or to be securitized into MBS.

I have $80k liquid in CDs and savings accounts in the bank and a credit score between 760 - 780.

Bank accounts, stocks, all assets. 

Since HELOCs have a variable rate, you’re banking on rates staying the same or decreasing.

Be prepared with bank statements, leases, and operating agreements.Next StepsTiming: Wait until after January 19, 2025, to refinance and transfer ownership to avoid violating FHA rules.Consult Professionals: Speak with your lender, a tax advisor, and an attorney to confirm the implications of refinancing and transferring title.Prepare Documentation: Have your property appraised, ensure leases are up to date, and organize financial documents for your LLC.You’re on the right track with your plan, and a few strategic steps now can help you maximize the benefits of refinancing while avoiding complications.

They have an app, scan your mail, forward mail, and will even deposit checks (forward/mail to your bank).

If s/he'd been putting aside reserves, the repair would have been covered by funds already in the bank. 

It stopped when he lost a couch in transport when his roof rack failed.  

Most banks won't finance you unless you (or a partner) will live near the home and can have a pulse on the operations.

Make sure you have enough saved up not only for the down payment but also closing cost, plus some reserve in bank accounts or in other investment accounts!