Even having a iron clad insurance policy, which you should have anyway, is not a guarantee that the insurance company will make you whole. 

The condo I am looking at is close to the new Aquarium that is going up, the new Grand Village, etc..I feel like as a buy and hold it is fantastic since it is guaranteed to appreciate but also as a completely remodeled 3/3 so close to the strip, I could do well with STR and at a longer renting period as opposed to golf/lake rentals.

It's no guarantee but it's a good place to start.

Now some people have that no problem, but others forget that when you put little down, a refinance is not a guarantee because of the LTV factor.So something to consider.

They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

They guarantee that if you do not find a property in 90 days, they will find one for you.

I definitely like the stability and guaranteed payments that come with sec 8, along w the ability to rid the debt rather quickly.

But hey, the rent is guaranteed...

There is no way you can guarantee staying in your timeline.

QI is telling my friend (buyer) this would not constitute a taxable boot as the money is not guaranteed to the buyer.