I am pretty sure the same principles would apply for the idea you have given.

You can make this transfer to a limited liability company (LLC), provided that "The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements."

Experience: I have a rental property for the last 8 years.Credit: Excellent.A few questions:(1) Should I apply for a hard money loan after offer has been accepted or a contract is signed?

Try to talk to an underwriter about eligibility requirements before applying (service reps are rarely knowledgeable about the details).

I estimate it would last another 5-10 years under ordinary circumstances so I'll charge the tenant for that amount.Another suggestion: don't take a "pet deposit" because that implies the funds can only be applied towards pet damage and tenants can fight you on it.

In reading through the policy documents provided by Stewart Title, it appears that the ALTA Homeowners policy we purchased:"This policy covers only Land that is an improved residential lot on which there is located a one-to-four family residence and only when each insured named in Schedule A is a Natural Person"So....looks like I bought the wrong type of policy?

I've always been learning about medicine and instructing, as of summer 2018 I applied the concept of "that which I do not understand is exactly what I should be learning." 

Sewer charges (the most expensive part of the bill...often 3-4x the water bills) are applied to the tax bill the following year. 

I think it appeals to people that like a more nature-oriented mountain getaway.Here's hoping that the cabin does as well as everyone tells me it will.

@Eric B. 10% is a little extreme, that’s probably atypical but in this case the rent was $2,000/mo, there were over 30 qualified applicants that applied, and rents had gone up 10% in the area the previous year, so the big increase was a function of supply and demand.