For anyone that doesn't know, all that means, is ripping out the wet stuff and letting the structure dry. 

At least in NY its almost always requires every unit to be "fire walled" meaning every single unit need to be an encased shell with double 5/8 dry wall or... you need a sprinkler system, all of this requires architectural plans and an investment of $5,000 (ish) to find out its cost prohibitive to do it.  

We’ve noticed that local banks are starting to dry up and not offering our cash out refinance on our rentals.

Pretty cut and dry.  

Also, you can fit a lot more material in it that you can in a pick-up, and it will stay dry in a rain storm.

Some are “dry” cabins others are plumbed.

You gotta dry it up.

While it's typically dry with minimal rainfall (around half an inch over a few days), prepare for cooler weather as winter approaches.

I guess it’s not cut and dry because people are different in their characters

Similarly, I interviewed about 8 property managers before deciding on one that is very specific about how operations work so it’s cut and dry for my first short term rental and no surprises.