They have their go-to title company and brokers to secure lending and Title (these folks seem to be a little pricier than competitors, but won't bate-and-switch the APR and interest or move closing costs into another expense, like I've seen so many other companies do) and their service was outstanding.

Buy owners title insurance.If you want out, read your contract concerning Title Defects.

Do your due diligence and hop in the game Bryan.

any bank can do a heloc but not any bank is comfortable with doing one as soon as you take title of property.

I'm sure I would have to put some skin in the game and would be able to have a couple hundred thousand available if needed. 

If you don’t have either a recorded ownership, agreement or a mortgage, I don’t think a title/escrow co. would be required to honor it and disburse accordingly at closing.

Know your numbers and have a game plan that makes sense when you show other people.House Hack!

You should come to the BiggerPockets meetup we’re having at Barleys in the old city Nov 30th at 630 pm, it would be cool to have a guy that does Airbnb there to tell us how that game goes.

I'm an active duty US Navy Chief Petty Officer, brand-new BPer and real estate enthusiast, I got turned on to this whole game (and BiggerPockets) at the suggestion of a coworker shortly after I moved to Tampa back in July. 

The sale of membership interest in an LLC does not require a real estate closing with title insurance etc.