My insurance company won’t let me rent my 2 car garage or an office space that I have because it poses a “threat” of a non-tenant person coming onto the property and potentially posing harm to my residential tenants.

Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).

Foundation/structural engineer determined a water downspout on one side of the house caused the soil erosion. 

Insurance is for catastrophes not maintenance - if there isn't a "sudden and accidental event" you can point to as the cause for needing the repair then insurance does not applyCan we assume you have all galvanized pipes in the house?

@Olivier Colson You will first want to find out if the locality has any “Just cause” regulations that prevent you from non renewal, or any other provisions that may keep a section 8 tenant in place.

There's no margin for error on timing the turnover, let alone getting a tenant who causes excessive damage or needs to be evicted.    

@Sriram HariharanUnfortunately there is no recourse but still not understanding what caused the leak and why this hasn’t leaked prior ?

Developers have already started renovating old buildings and turning them into luxurious apartments.Be careful of where you decide to invest though because some bad apples have been coming to the area and causing trouble. 

What if the storm caused extensive damage?

We received multiple offers and while we are unsatisfied with the loss of principal, we believe we received the best offer available.Explanation of the OutcomeThe percentage of loss on this project is atypical as are the circumstances that caused it.As a way of background, we rely on professional third-party inspection firms to visit each property and report on the status of the renovation.