I've heard it recommended to tell tenants that you are the property manager rather than the owner because it can improve your relationship and they are less likely to come after you (Note: we currently don't have any issues and don't plan to, just being cautious). 

Originally posted by @Mike Lambert:@Alex GarridoInvesting in Panama City would work out for short term rentals because you could pay for the holding costs and maybe profit nicely while hopefully the value of your property increases over the long term.Unfortunately, it’s illegal to rent for less than 45 days and personally I’d never suggest anybody gets into an illegal business overseas.I’ve come across a couple rare buildings in Costa del Este who have a permit but, as you could expect, it’s reflected in the price.That is absolutely true, it is illegal in the City of Panama for less than 45 days.

In the meantime, they will apply for credit, apartments, and utilities through someone else's name.In regards to garnishing wages, unless the tenant works in a higher-paying field or for a certain company that pays more than other similar companies (doubtful), the ex-tenant is just going to leave their job and get another one, and you need to restart the process (after you find out where they are now working).

So less impact on job market if one industry goes down.

My go-to HM lender has approved to finance a purchase that needs some minimal work, like a month or less worth of work. 

Yes sir we just 100% refinanced...Used the same credit union who had the original debt. 

I know one that have less interest rates and more trust worthy and will help you according to your needs.

Which are a point or more higher than your standard residential rates. 

I have done a lot of googling and called a couple of local credit unions and have been hitting a snag when I inform them the property is owned by my LLC (both HELOC and Refi).Am I really down to hard money loans or business loans from the LLC itself?

Monthly payment is $450, more than we would like to pay.