Now most of my deals are a combination of our business money, bank money, hard money, and private money.  

If you own the balcony (check CCRs, I have a unit where I don't own my private balcony) then it is all part of the unit.As an owner, you're on the hook for the actions of your tenant.

FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.

Or just use private money. 

Investigate moving the lot line to put the house entirely on 1 property.

I financed the acquisition of the land with personal and private money.

David, Send us a Private Message and we can schedule a call to see if you fit the group. 

I am a private lender here in Atlanta.

It's not difficult (shouldn't take long) to get flood insurance quotes (NFIP & private) if you work with a good agent.

If you’re interested in exchanging further insights on best practices or have specific questions about structuring a VA program, feel free to send me a private message.Good luck with ramping up your direct-to-seller leads!