If anything happens you should be able to get there to fix it so that it doesn't cost you an arm and a leg to coordinate work getting done.

@Chris Mason save the bungee cord setup and buy a subscription to www.yourwelcome.com - digital guest guidebook on a smart tablet built for short-term rental guests, collects guest emails, serves property guide info and videos, local recommendations, and upsell services...if it gets broken or stolen, it's replaced for free. 

Average rents have gone up at double digit percentage for most of the past 10 years and are expected to go up over 10% this year.  

It sounds like your hesitation is based on rates, and I was able to get a very good rate recently on a 5/1 arm for a cash out.

I had to dig it up (6' down) and replace about 10'.

But now that it is my second purchase, and now that it may be more complicated with higher interest rates and potentially needing to get a loan for repairs too, I want to read up on how mortgages work (+refinances, ARM's, etc.). 

The last person I worked with charged an arm and a leg and while they were very efficient I am hoping to find someone who charges less.

They are generally 30 Yr Loans (Fixed, IO, ARM, etc.) and using an LLC is ok.Like I mentioned, credit must be checked but can be as low as 640 in most cases.

These systems are monitored by a remote, armed security guard throughout the night, ensuring no one can enter the site undetected and get away with your equipment.

Need to refinance my ARM, currently at 4.5% on a 4 unit in Kentucky owned by my LLC.