Once any title impairment no longer exists you can simply have a title insurance company issue an updated policy, but really I don't see the need for that, they would be insuring over a matter that no longer exists.

You'll request a payoff statement from the lender, you'll hand that to the title company handling the sale/refi and when wired funds come in from the buyer/lender financing refi funds are wired to the payoff servicer to service that loan. 

@James LuctamarIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING. our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

I would prefer not to refinance as it would significantly increase my monthly payments.

I followed the advice from the insiders I'm connected with, which happened to corroborate my own judgement.Personally, I much prefer to stay in a short-term rental than an all-inclusive resort.

But if LLCs are cheap, like in CO, then we have a holding company own a gaggle of LLCs where each rental is owned by an LLC.The fix and flip is kept completely separate... like way way away from the rental activities.Don't put your rentals into your fix and flip LLC either.

Obviously local bank is preferred. 

Obtain multiple quotes from foundation companies, even if references are checked. 2.

Most of the local title companies can help you close the deal.

There are companies who manage rents or you can do it yourself.