I did mine as fix and flip or when foreclosure rescue was legal in Or and Wa..

Legal action in progress. 

I think it depends on your goals here and this is likely more of a legal question than it is a tax question.

That's wild.Would concur to tell tenants to cancel checks if they haven't been cashed yet.Moving PMs: Don't quote me on legal ramifications of this, but if the contract with your PM has expired, triple check if you have to provide them fees/notice of cancelling the agreement.

The system was set up to allow those claims to go through, and with the right legal help, insurance companies would often settle to avoid going to court.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Also, there is the issue of the legal ST rental regulations, which can be an advantage compared with the US or not. 

Even if you build according to FEMA guidelines, a storm is a storm and you virtually cannot stop them.I would personally go elsewhere if you are going to stay in this business...But Good Luck!!!

I’ve read the legal paperwork regarding what’s done in order to quiet the title on a tax lien property. 

CfD is a legal contract between you and a buyer (aka your tenant) that states for $x down (secuirty deposit) and $x a month (monthly rent) for x months, they can live in the home.