At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

You also can't have any W-2 employees, with the exception of you and your spouse, and maybe business partners that have at least 5% ownership. 

My concern with FL real estate is that if something doesn't change soon, most property will be uninsurable except through excess lines and there is very limited accountability/oversight as to whether or not these over seas insurance agencies even have the funds for payouts. 

I would change the above language about doing your best to keep personal and LLC transactions separate to ABSOLUTELY do that with no exceptions or your LLC is a waste.

I recognize most accountability groups (exception for the one mentioned above) cost less than $40k (however the cost is annual, versus the mentorship/training is one time), but why is it ok to pay for an accountability group and not a mentorship/training assuming the mentorship/training is decent quality?  

All cleaners must go on checkout day and I allow limited exceptions in peak season and weather / emergencies etc. 

Liquidity is needed to close the loan and having lots of additional liquidity may help you to get an exception, but it will not make up for experience or a low FICO entirely. 

People are confusing the exceptions for having 2 FHA loans at once with the FHA rule for counting rental income.

Using your cash, there's no limitations here except what you have 120k. 

You don't tear off the old roof except to get at the sheeting where necessary.