The thing that you are looking to protect against are both internal liabilities (for example, you are found liable in a car accident) and external liabilities (an individual trips and falls in your rental property).

Sometimes repairs/improvements have to abide by certain external standards, sometimes they require formal notification and approval of neighbors (e.g. installation of a pool), and sometimes they are prohibited altogether.If you have specific repairs/improvements in mind, I would see if you can get in contact with the HOA Board (or Property Management company if relevant) ahead of time to learn of all the relevant guidelines.

They frown upon external links here in the forums, but (aside from Bigger Pockets of course) one of the best resources for new landlords is Evict TV (easy to find with a Google search) - literally hundreds of videos about landlord-tenant issues and how to address (or prevent) them. 

.- Dollars will have to devalued inevitably both for internal & external reasons for the long term. - Interest rates can't go up aggressively although Fed strongly wants to. 

I was thinking of once heloc is approved, transfer the funds to external bank , use same funds to circle it back into the monthly payments due.

This will put you in a better position when dealing with external factors that you have no control over.

I won't post external links here in the forums, but we also have tons of free educational info specific to Florida real estate investors on our own website, podcast, and youtube channel (and we aren't hard to find).

This is something I have witness happen first hand when living in Montréal.⁣⁣⁣⁣Rent control appears to help affordability in the short run for current tenants, but in the long-run decreases affordability, fuels gentrification, and creates negative externalities on the surrounding neighborhood.

Do you guys use or suggest full security systems for your short term rentals or just use an external camera or two? 

Josh:No contractor suggestions, but is that an external door?