I have State farms on my main house & attached ADU, but since they are NOT issuing new policies in California, I have been unable to find an INS company willing to just provide INS for my rental.

With that being said, I'm attaching a page I read on a book for reference.

I am planning to get a cashout refi, which I believe I need to move it solely into my name first, but there is also a prepayment penalty attached to the loan for the first 3 years.

Here are the things I provide (nicely organized in a folder): - Renovation Overview (see example attachment to this post) - Rehab Cost Breakdown (see example attachment to this post) - Before/After Pictures (see example attachment to this post) - Comps (I print out comps from the MLS that support my sale price and add them to the folder) Of course, while most appraisers are happy to have you around during the inspection and happy to take the information you have, don't just assume this.

you don t want any questions later that this money is returned Thanks Colleen that is very helpful, the past few leases I had renewed I used an addendum for any changes such as rent or other terms, and attached the original lease to that for reference.

The Florida Panhandle is a phenomenal area for STR - you're going to have a tough time at $250K for a renovated single family home with a pool, but there might be a few area where we could make it happen!

The respective LLC"s are attached to my c-corp and the tax implications are not nearly as bad. 

The response I attached is also outrageous.

Each unit is 3 bed, 2.5 bath, about 1630sq ft plus an attached 2 car garage.

Chucaralao I have a set email response for inquiries that states my typical qualifications, attaches my application, states if they meet those requirements, I’m scheduling appointments x date between 12-3, send preferred time and I’ll confirm, and that I do not accept applications until after meeting at the appointment.