So when you utilize a cash out refinance I am assuming you will lose the initial terms of your current mortgage? 

I was told by my insurance agent that a % of loss of revenue can only be covered by insurance until the property damage is fixed, which could pre-date the return of essential utilities.

Compared to LTR, you have to pay utilities, supplies for guests, possibly more insurance.Let me know how else I can help!

They do help with reviewing our reports from our property management companies to identify spikes in utility usage on vacant properties, reviewing expenses to make sure they were approved, vacancies, etc.

I believe I can utilize a 203(k) loan for the refurbishment.

I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.

Taxes, insurance, pest control, utilities, software, etc comes out to around $13k per year each for my 2 bedroom cabins.Also unplanned capital expenses will add up.  

I have the 2 units already done with separate entrance (utilities are not separate). 

Has anyone ever bought a piece of heavy equipment like an excavator or a Bobcat as a means to save money because you kept having to rent them for projects?

The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.