Basically 75% of the current or appraised rents (whichever is lower) has to cover 100% of the mortgage.

Basically you have to funnel money around to use these accounts for anything other than simply savings.They promoted their move from Blue Ridge Bank to Thread as one that would allow for Bill Pay, but it hasn't happened. 

LCC as a basic pass through and limited partnerships depending on equity arrangements and profit share of the parties add that extra level of flexibility and not needing to split potential individual partner costs or liabilities.  

Basically I see that you have paid closing costs twice to take a property you own and in the end still own it now with a 135K mortgage.

We had our contract---basic lease and option contracts.

If you'd like, I’d be happy to hop on a call to go over the Branson market basics.

Is it specific to STRs or just a basic commercial policy?

I'm not sure the premium vs the basic version (I only have premium) but for any property, I can itemize the purchase price, current value, tag the associated mortgage, my assumption on appreciation, its rental income, all of its expenses (including taxes, yearly mainteance, capex, insurance, HOA, property management, depreciation and other), its estimated sale timing/and fees. 

I'm not sure how to articulate it but, basically this bit of knowledge saves me a bunch of time and kind of surprised it hasn't come up in any of the books, articles, or videos I've been learning from.

Buying rentals for cash is VERY conservative and will take a long time to amass a decent portfolio.Leverage is how to grow your portfolio and wealth faster.Simple Comparison Example:1) Buy $100k property cash, it appreciates 5% in value annually => basically a 5% return on your investment ($5k/$100k).2) Buy $100k property with 20% down, mortgage rest.