Justin, every insurance policy has language within it stating if the policy holder has misrepresented the risk the insurance carrier has the right to deny claims.  

For that mere 8%, I’d rather put in 3% bank account  40% is already a conservative number.

There are probably exclusions for intentional damage by the policyholder, but I’d imagine that’s rather rare. 

The 1937 version of the book "Think and Grow Rich" (which is excellent) is in the Public Domain, although still somewhat controversially, but basically means that anyone can obtain it for free (but I'm no attorney) and the fact that someone is "giving" it away is a nice gesture, but merely a gimmick.

Residential vacancies can evaporate immediatey merely by dropping rent to just under market rates.

Borrowing against life insurance policies can delay stable returns that could act as a nice retirement account for the policy holder.

Contact property insurers in your area and offer to rent to their displaced policy holders.

I an merely pointing out to you and other potential onlookers that you could potentially be giving away thousands of dollars!

I would try and show that your LLC was a mere instrumentality of you.... and if I did, I got you and your LLC.

Cash was merely a way in which we could easily transfer gold, since it's kind of an inconvenience to weigh out little lumps of gold to pay for a candy bar.However, there is not a major currency today that gold backing.