This streamlines the defense, reducing legal expenses which the owner (or their insurance company) is ultimately responsible for. 

Pay for labor only per job and cover the material cost yourself.

Not interested in doing the manual labor side or being a property manager (I'm "old" and arthritic and 100% P&T disabled thanks to the ole Corps!)

It would achieve your goal of purchasing a primary residence & investing, and significantly reduce the amount of money you need to save (and therefore reduce or eliminate your wait time).

My advice is to always forfeit and reduce the price if your broker allows it as then there are no tax implications

Louis may not experience rapid appreciation like some coastal cities, it has shown consistent and steady growth, which is favorable for long-term investments.Diversification: Investing in a different market can diversify your real estate portfolio, reducing risk.Considerations:Neighborhood Research: Research neighborhoods thoroughly.

With funds, your money is tied up longer (3+ years) and depending on the fund could have multiple assets in the fund to reduce individual asset risk.

@Ankit Rathore- if you plan to refinance in 1-2 yrs ...ask the seller to reduce their sales price ....take no or low credit and  use a  0 fee  or  0 fee/ 0 cost  pricing option for the loan ...you dont  want to wast  funds on buying a rate down and then payoff the loan within a yr

$120 is that including material or its labor cost only?  

If the policy limit you have selected does not meet the specified percentage, your claim payment will be reduced in proportion to the deficiency.