If you have a loan, you may wish to look into due-on-transfer clauses, as well as whether turning it into a rental requires you to refinance to a non-owner-occupied loan/rate.If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

The old saying is "You marry the property, but date the rate" meaning the property can be held a long time but you can refinance over and over.

-you likely won't cash flow at all when you refinance, and you might even be negative. 

Just be sure to refine your search using filters like "pre-foreclosure" or "foreclosure" to narrow things down.

If they won't release it, refinance the note and bring enough equity that you can exclude that parcel from the refinance.As far as the ROW owner, I'd burn his *** for not being cooperative.

While I know they will come down eventually and I can refinance I am feeling the sting right now, and with not alot of applications coming through I find myself open to more ideas like this (rental Arbitrage).

Detail completely the chapter your one, have an idea of the next but know you CAN and WILL refine it as you move forward through THIS chapter of things. 

If the property is below $100k value, you could refinance after 6 months based on the new appraised value.

If you want the LLC actually to limit your liability, youll need to refinance it to a commercial loan and get a commercial insurance policy.

I would like to do a cash out refinance, but I'm nervous about the process.