But yeah, because my house shouldn't all the sudden lose value, if the market changes, I feel like it's less risky than a normal cash out refinance

I have to admit, in my limited experience so far this seems pretty normal (going back to 2019 when I "started" seriously).

If the company will renew it, ask what impact it will have on the annual cost of the policy and for how long (normally 3 - 5 years). 

Eventually they will still want to move to a more normal layout and configuration when the market allows it to.Some land the juice just isn't worth the squeeze for anticipated returns. 

Normal exchanges are pretty cheap but reverse exchanges or delayed exchanges can be a lot more expensive.Best of luck!

Great thing about it to is that the tenants pay for it and after payment we normally get a report back within the hour. 

I'd normally finance the initial purchase but able to buy in cash (quicker) in exchange for additional equity. 

The house deeded in your own name means a normal conventional refi, but it is complicated by the structure you are using to run the STR, with the business run by the LLC. 

When all goes well things are good. 10 years ago, Investors enjoyed working with good wholesalers who would actively scout the properties desired and do all of the leg work.Over time, the ability to get involved with little or no skin in the game, the ability to make a lump sum of money quickly, and a plethora of bad information made available by people who were only after the disposable income of those who really did not have enough money to get involved in higher level RE took a good tool and exploited it.Wholesalers exploiting undereducated layman (someone who does this exclusively for a living is operating as an Agent with no licensing issues to restrain them or cause them to disclose expert status), using a lot of really distasteful tactics (like trying to wholesale deals already on the MLS, co wholesaling through a string of folks) and getting greedier and greedier as they went....That's where the stink came from. 

My normal institutions would not do a home equity or cash out for a rental, so I decided to try Rocketmartgage (RM).