Here are a few thoughts based on your goals:HELOCPros:* Flexible funding you can draw from as needed* Interest-only payments during draw period* Typically lower rates than hard money* You retain full control (no partner splits)Considerations:* It adds debt secured by your primary residence* Rates are variable and can rise* Make sure the rental income will comfortably cover your existing mortgage + HELOC paymentsIf your credit is solid and you have enough equity, this is usually the least risky, most cost-effective option for a new STR.Hard Money LoanPros:* Fast access to capital* Can help you compete with cash offers* Often used for flips or BRRRsConsiderations:* High interest rates and fees* Short-term repayment (usually 6–12 months)* You’ll need a clear and quick exit planThis can work, but it’s higher risk.PartnershipsPros:* Share risk and capital* Bring in someone with skills or market access you lack* Can accelerate your growthConsiderations:* Requires legal structure and strong communication* Profit splits reduce your long-term returns* Can be messy without clear roles and alignmentPartnerships can be powerful if you find the right person.

VS. a non-conforming unit, which means "non-conforming unit was lawfully established at a time when it complied with the zoning and building regulations in effect.

I’m currently disputing the issue, but I’m unsure how effective or timely the resolution will be. 

Right now, you own 100% of the property — by transferring it to the LLC, you’re effectively giving away 50% ownership.

It is impossible to say yay or nay without the details of the situation, but an experienced investor knows what to do, including gathering the critical information even before setting up the deal, or declining it.The limiting effect on credit is temporary, it may turn into a benefit further down the road (around 12 months or so, depending on the lender), so it's about if it's needed and when.

Remember, addressing the root cause is always more effective than merely treating the symptoms.

It could be that they want to avoid turnover or that their operation has scaled faster than their staffing, leaving them without the resources to handle turnovers effectively.

Without a title insurance policy, you are effectively taking on that enforcement risk yourself.Enforceability concerns may be valid.

I assume installing direct meters from the utility company is not cost effective or possible?

Recently started my own branch of a mortgage bank, but have been effectively self employed since 2020.