I secured two loans within the past 9 months on small MHPs, with rates of 4.5 to 5.25%.  

So that is how they prefer to operate when securing properties. 

When the market is hot it is hard to adjust what we think a house is worth vs what it is currently worth as we base it on the history.I'd rather own than rent as it gives me more security. 

I have a line of credit lined up secured by a family rental property.

Your Mother could give your Father a $365,000 note secured by Trust Deed in exchange for a Quit Claim Deed transferring his ownership to your Mother.

Original ValueBecause the account is secured by an investment property or two to four-unit principal residence, it may be eligible for PMI cancellation if (1) the current value of the property is at least equal to its original value, (2) the LTV has reached 65% of the property’s original value, and (3) the current value of the property is verified by a broker price opinion (“BPO”) that is ordered, and directly received, by Home Point.

I would be ready to have supporting data as to the necessity of them and be sure to include exterior cameras as well, not only in the common drive/entry area, but along the rear permeameter as well- otherwise it seems as if spying on the interior might be miscommunicated as the goal, and if truly for security, you would be covering all points of entry without exterior cameras along all exterior walls. 

So I’m needing helping on securing a mortgage for a short term rental, I have a job but I’m a contractor so several banks told me I needed to get hired on full time first in order to get approval.

Some of the companies will also patrol the area.

It seems it does take 10-20% above list to secure a deal especially the duplexes in the 200-250 range.