Agree with much of what's been said, but especially the notion of choosing your investment class first AND your goals...are you looking for income?

Just weigh your options with an experienced agent, and choose what's best for you.The only thing I might suggest before you pull the trigger on complete removal of windstorm coverage altogether, is to see if you can get quotes with 3% and 5% deductible options. 

If a bank chooses to lend on the POH value it may be at less favorable terms than the land value (10 or 15 yr term versus 25 yr for example).

They want that same vibe in the home they choose.

First I would see if they would qualify for a 121 exclusion.

Running the project through an LLC gives you tax flexibility, such as choosing how the income is taxed (sole proprietorship, S-Corp, etc.), and makes it easier to track and deduct business expenses.

You can choose to retain their services, or not. 

Even if you use the installment method to defer some of the gain, the exclusion of gain under Section 121 remains available.As for your seller financing question, zero percent seller financing is fine.

@Zac LindquistNo VAs are used here; I think I will self-manage as long as possible.My occupancy would be close to 100%, but because of house hacking, sometimes I choose a gap between TMP contracts so family can visit.I only list on Furnished Finder (FF).

Yes don't need the 3 days in a hud transaction The repairs very well may be but usually requested at the time the appraisal is received Brokerage accounts can be used for reserves If you choose to transfer funds they can be used as well .