It's my understanding that the previous auditor only had the position for eight months, jacked everyone’s taxes up, and then resigned and passed away.

There's no precise figure because no one will understand your STR or market as well as you do- or, as well as you will (with time).

Whether it’s for startup costs, equipment, or marketing, leveraging your home’s value can help bring your entrepreneurial goals to life.Bottom LineWhether you’re thinking about selling, upgrading, or simply want to understand your options, your home equity is a powerful resource.

Perhaps one day, I will come to understand your business model, whether with NextLevelEquity.com, or Goodin Development.

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

I don't understand - what are they taking 10% of?

My understanding is that if you’re looking to refinance a fixed 15- or 30-year loan, it’s generally recommended to wait at least six months before doing so.

Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.

Its comical how few people understand how luck in a particular economic cycle plays into their successes. 

That pragmatism will help you mitigate risks as you understand the different components of managing rentals