Always a risk, however, most banks will adjust your loan to the market interest rate and keep you rolling as long as your debt service coverage is good and the LTV is in line.

With regard to short term rental mortgages how does the lender look at the borrowers Debt to Income?

We also constantly have our eyes out for lender programs that either alleviate or eliminate the appraisal process.

DTI shouldn't be an issue as my only debt is my mortgage.

I've never heard of any investors eliminating LLCs. 

There is only one carpet in house which we will pull out but besides from that, is there any way to eliminate this disgusting smell?

Keep paying down that debt until you have a clear opportunity to use that cash!

The deal has the debt set up but the equity portion is only 50% funded (25% funded by the general partnership).

House hacking - renting out a portion of your primary residence to cover part of, all, or more than your mortgage payment - is an excellent strategy for investors of all experience levels to reduce or even eliminate their housing expenses and begin to generate cash flow right where they live.

If you just want the degree for your own heart, then find a program that you get No student loan debt.