Option 2 entails exploring refinancing possibilities with other lenders offering BRRRR-friendly mortgages without such clauses, albeit with potential additional costs.

You would have to pay for the consultation, there are no free consultations for this sort of matter.You may also provide additional details here to receive free advice. 

Additionally - this would be our very first investment property that happens to be out-of-state as well. 

Also, you may want to have them quote an umbrella policy to give you additional Liability coverage. 

But it's best to jump in feet first.One thing that's helped - I've been able to grow our organizers by three additional people - we have a US / Korea Liason, a bilingual research analyst, and another coordinator.

If the property contains a residential structure, the former must also pay the value of "preservation improvements" made by the investor, but not additions or upgrades.  

Additionally, the national debt is becoming a thing.

Essentially at that moment you own them outright and could sell them without additional tax. 

The message that the sellers are receiving provides a callback number.

Yes, insurance should be in the LLC's name in this instance and you should also have yourself as an individual and "yourself, Member" listed as additional insureds.