For the most part (particularly Fort Lauderdale and Miami) requires permits and inspections of your str. if you operate it without having the permit you can get heavy fines and get shut off.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Bottom line is you have a deal that could reduce your monthly living expenses to $100/mo.

If this is a refinance, a lot of lenders are looking at values more closely and will either agree with the appraised value, require a secondary report, or just cut the value all together. 

A lot of of TK providers 'inflate' their numbers or show higher returns because they don't factor in things like leasing fees and other expenses.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Going through an attorney can be extremely expensive and would be curious if anyone has another source? 

Now they will require your SSN as the "signer" on the bank account, which would be required by every signer on the account, but the account should be listed under the LLC's EIN, not your SSN. 

There's no mention of your income, monthly expenses, DTI, risk tolerance, goals, etc.

These should be the kind that requires drapery pins, not the little clip ones.