As for a ball mount that would be up to you. I use one with a 6" drop turned upside down so that it is higher than the axles when I put it in. If I don't have the ball mount in I just use a tow hook in the receiver that I got from Harbor Freight.
One thing that you need to know is that when you connect a trailer onto the ball mount and if the trailer has any tongue weight it will decrease your ground clearance in the rear.
The problem with the hitch height is that once the trailer is loaded with increased torque weight the suspension on the Kodiak is going to drop down. Then when you get onto it the suspension may drop some more.
And that is the reason for balancing your load so that the tongue weight is of a proper weight without overloading the hitch. Takes a bit of time and experience and I know when to shift the load. Property balanced and the limitation is load weight to pull.
I ran into the problem of too much tongue weight when I first pulled my car hauler trailer out of my back yard a few years ago. I was used to the solid axle of my 2000 Kodiak and when I hooked the trailer up to the 700 I knew that I had to do something.
Here is what I came up with. I now no longer have to worry about any tongue weight issues.
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