The more you own, then the more you have to lose so its a gradual thing where you add in layers of protection as you grow.

Building mutli family vs single family definitely has added a layer of complexity to the equation regarding utilities.

If you want some good listening, BP podcast has had at least two episodes where they bring in a real estate attorney and he does a great job explaining the different layers of defense. 

Are there any other ways to increase my loan LTV via 2nd layer loans or creative alternatives?

Here is what I've used to look up the zoning. https://gis.baycountyfl.gov/pc...Top right, click on the layers tab and hit the drop down for Panama City Beach and select zoning.Hope that helps...

For example, there is no insulation under the floor or around pipes, part of the roof needs repair and half of it appears to have 3 layers of roofing material, single pane windows presenting a moisture problem, some failing siding, etc. 

This is vital to your success because should your partner fail to perform, you'll have an agreement to hold them accountable.

I am investing from a distance so I feel it is vital for me to at least get this information.

We replaced the furnace, all the flooring, base layer painted every inch with Kilz even the subfloor and it turned out great.

For cleaners - use TurnoverBnb or Properly AppI use the Thumbtack app to find vendors (plumbers, electricians, handymen, wall paperers, etc)Definitely make use of a program like Hospitable or OwnerRez to make conversations with guests easier and automated.Outside cameras are a must and asking for photos from your housekeeping staff after each clean is vital.