You probably know this already, but you don't want to put yourself in a situation where you are struggling to keep the lights on in the event that you put all of your equity into this home and can't take any out. 

@Marc ShinI recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best BRRRR connections at local meetups.

What happens if there is another COVID like event and STR use is banned for most of the year? 

Ensure the property appraises at its updated post-renovation value to maximize the equity you can pull out.A refinance isn’t a taxable event, but transferring ownership to your LLC may affect depreciation or future capital gains.

I was advised it would be beneficial to have a reason for non-renewal in New Hampshire in the event that the tenant fights it.

Well it will need to be life changing events like having kids, new job, divorce, taking care family members etc but the rule of thumb is to live there for at least one year then being able to rent it out and converting it into an investment property.

Going to networking events to network with Realtors, Mortgage, Title etc all helps. 

Good feedback i will take this under consideration. i would love to have a community of nurses and flight attendants and pilots. 

Despite making six figures and I do as well, supporting a family and living in the Bay Area quickly drains that.My advice is to attend as much meet ups as possible to network.

But then she explained that it's on a certain land that allows it to be used as a short term rental and that due to its location between within 2 months of the year (when huge events take place, every year) it would make enough to cover its mortgage for the year.