Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:“How to Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

My local REIA members are nice, but I feel like their primary motivation is to try and sell me something (prepaid legal, no cash flow rentals etc.).

The money stays in the equity and builds it very quickly so my monthly rent minus the auto debit from the rent of the property management would go to the HELOC. 

You'll probably still have to pay prepaids, but that's normal, and then you wouldn't have to tie up all your funds and then get a higher interest HELOC down the road.

Since my properties are mostly in separate LLC's, I have separate bank accounts and credit or debit cards for each company.

Accepting prepaid rents for 25 years will give you a heck of a tax hit in the year it is received.It would be easier to pay interest and pay that amount back as rents.

FHA requires a ton of pre-paid PMI in addition to the monthly PMI.

The owner was in financial trouble and re-opened negotiations and got pre-paid of a 30 year lease, at a reduced rate of course.

In this case, my account was debited the money at the same time I received an email notification of the reversed transaction.  

*We are looking for the options which would also have the least total and out-of-pocket expenses*Also, I believe I read that I can file to get a refund on some of the pre-paid PMI, is that true?