Seasoning Issues - did you have any problems with the banks that you were using to finance the property, when it  came to using the line of credit to fund the down payment?

Ask your bank (I prefer credit unions) what their "seasoning" requirements are.

I'm by no means seasoned at this, and I don't know much about your area, so take my opinion with a grain of salt.

This gives you time to season the property and figure out your long term bank financing. 

Location and seasonality is everything.

I can refinance SFH immediately, whereas it seems refinancing multifamily would require several years of seasoning before I could refi.

You'll only be able to get 65% to 80% of LTV depending on the institution (70% is typical).There may also be a seasoning period for some banks--6mos to 12mos before you can refinance (get a mortgage).You can set your LLC up with maybe $1,000 in the bank and then loan your LLC the funds to buy the property. 

I am a little surprised but glad to know I am inline with what everyone else is doing.My housekeeper has always managed to get the house cleaned on check in and check out days (which I am getting alot of for the peak season) but she is right up against the the 4PM check in time.

Would love the advice of some seasoned investors around:1.

It’s not a good investment property but if it was me I would bite the bullet and keep it vs having my credit take a hit and the chance the lender come after me anyways