Yes Lisa you can refinance out depending on what your situation is:- Full Doc conventional loans will require Income, assets/value of the property, and credit to qualify to refinance out- DSCR loans only require market rental income and credit + enough assets for monthly payment reserves 3-6 months (no personal income or other liabilities are factored in, just the property in question)- Refinancing into another private loan - this is only a bandaid temporarily to provide aide but will not be a permanent solution since most private loans term up or are due in 6-12 months after funding @Matthew Kwan@Carlos Valencia

Can't you get your builder's risk policy from the same agent you currently carry your general liability (for your GC business) with? 

This ensures that both the lender’s requirements and your liability protection are addressed.

Assuming you don't rent to students as I don't want to have that kind of liability.

Liability is the #1 risk even in LTR, or any investment that has exposure.

They will get a $100,000 liability to cover fires, water damage, accidents, and more.As @Greg Scott stated, you should require your tenant to add you as "additional insured" on their policy.

You have just as much liability for the loan as the company does.Are all the HML's in your area like that?

Not bad but need to be sure its worth it to rent out to people, get and pay for LLC for liability purposes, and minimize your personal use stay at the shore for 14 days? 

Another obstacle is limiting my personal liability.

An LLC can help protect your personal assets by limiting liability, and it also allows you to establish business credit early, which can be useful as you scale your portfolio.