Your refinancing costs + new fha loan would be about the same as just using a 5% conventional loan for your next property.

You want to wait after the work is complete before you get an appraisal and do not do it until you are refinancing because most lenders will want it through the AMC and you will be out your money.

If you want to put the deposit in a out of state/online bank, then you will have to furnish a bond.  

Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.

Quote from @Stuart Udis: Unfortunately there's a ton of online content teaching novice investors that reaching XYZ number of doors equates to financial independence.

You can often look online for the county/city zoning map, parcel info, and zoning laws.  

Most are online, at civicsource.com  and happen once a month.

Refinancing  immediately prior to a sale - yes that is a cause for some seasoning. 

We looker at few houses/Condo under $200k-$250k and saw few online in that range.

These relationships became the foundation of my journey, providing me with insights that couldn’t be found in books or online courses.Building Relationships with Intentionality: Beyond TransactionsOne of the biggest lessons I learned early on is that relationships in real estate are about more than just business transactions.