However, do note that excessive credit pulls can negatively affect your credit score and rate can change.Let me know if you have any other questions regarding financing.

It would be better if that earned equity is supported by an excess cash flow (better property selection) or not subject to market/liquidity risks (such as if one successfully sells the property).

There are also, non-standard or excess/surplus lines options (like lloyds of london) that may also be able to write the coverage

If you are willing to pay more for a property than what the comps say, all you need to do is cover the excess.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Good luck--disgruntled and probably (like you said) underpaid housekeeping, incompetent and excessive mid level management and high turnover with switch board staff created a nightmarish situation for us---hopefully your experience is better.

Things that will be an issue for the Builders Risk:- some living there during the reno  (that is a very tough one)- prior water of fire damage claim (many regular companies will not do this so you may have to get coverage in the Excess/Surplus market (Lloyds of london, etc...)- delay in the start of construction (you may have to insure it as a vacant dwelling then switch to the Renovation Builders Risk when you are Ready to start)

Section 8 also requires certain repairs that sometimes seem excessive or unnecessary (i.e., an exposed ceiling in the laundry/utility room requires a drop ceiling - a city inspector would typically not require this but the housing authority will). 

I am seeing several big name lenders get sued for excessive rates, devaluing properties and putting borrowers in a worse position.

I've been working my way through different institutions and this seems to be a strategy that isn't generally accepted if the loan is in excess of my DTI.