Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.

My fiancée and I are getting married in November and will be moving into a different rental in another part of town shortly after.

Or said differently purchase twice the amount of houses I have been buying. 

Businesses are the opposite: their primary purpose is cash flow and while you can create a sellable asset, anyone who has ever tried to sell a biz knows it's a lot harder to sell than real estate. 

There are a few different avenues that my clients have been exploring, including getting unpermitted units actually permitted.

It will give you a 30,000 feet view of real estate investing as a whole for different strategies and will allow you to find new ideas and to explore and see what works for you!

I am not sure what the means for insurance payouts, replacement value and property value are VERY different - does anyone know?

What you propose is different but in your original post this was not clear.with the additional info, I have seen similar comped with quads.  

In addition, the company that they recommend we work with, Prime, helped me set up my companies and though I repeatedly asked them if there were any differences in how it was set up because I was a Canadian, I was told that the way they suggested I do it was the right way.

And for sure I highly doubt those that teach the common wholesaling techinques are not up to speed with all these new laws in all the different states..