I am told that because it's vested in an LLC, my options are limited and if this investment property was in my personal name, I would be able to get a second mortgage on my investment property.  

My HELOC on my personal residence is at 8.5%.

And I feel this book took my personal due diligence (and how I look at deals) to the next level.

It's not necessarily that you're considered a riskier borrower per se, it'll depend on whether that STR is reported to your personal credit and included in your DTI and/or whether you need to count the income from the STR to qualify for the primary residence.

@Theo Van Soest Yes I personally invest in these zip codes.

Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?

We plan on house hacking it so it will set up the next deal and so on.

I found it really time consuming to measure for every single repair in a house so automated calcs as much as I could based on room sizes.  

Thank youCash flow is gonna be very difficult if not impossible in Frederick county, you might find some cash flow in Hagerstown, though the most housing stock is just utter **** inside the city, I’d look to buy like in halfway or something where at least the housing stock is decent.

However, this recommendation could change based on specific interest rates, your personal financial situation, and long-term goals.