If you can offer a nice unit that is updated for slightly lower than market value, it is going to keep your vacancy rate at a near 2% per year. 

You'll find most HMLs will use lower operating expense margin when they underwrite a DSCR loan as they usually only factor in taxes and insurance. 

Can you do the lease renewal, but have lower rent for the first month and then increase it the second month (if that fits with 60 days' notice)? 

Where did you find this company and or was it referred to you.2. did you go with them because their fee's and interest rates were advertised as lower than other lenders.

You can always lower the rent if need be.

Quote from @Micheal Smoke: Hi, my name is Mike Smoke, and I'm an aspiring real estate investor focusing on multifamily and Section 8 properties in the U.S. as the barrier to entry is much much lower in terms of price compared to Canada and Funding options. 

This could include lower wages, longer hours, lack of safety, etc.

@Paul GarridoWhy not lower rent? 

For instance a lender that requires a 15% down payment will have a lower rate, because for them there is less risk.

You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.