Many people recommend buy and hold for 4-6 years there and then either 1031 or refi and pull money out.

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

A wetland delineation is a site visit by an Environmental Engineer who looks for standing water, plant life subject to the standing water, and soil conditions that hold water.

Investment Info:Single-family residence buy & hold investment.

But hold on to all communications with them regarding this beause if this goes ballistic, THEY have a great deal of liability in this.2) As @Nathan Gesner said, get a new Mold Remediation Company and have them go over the entire house 100% and re-treat it, then give you a written certification that it is safe and clean.3) Get rid of your brother too.

No and you need to put this on hold and research the condo nuke that's about to hit Florida in the form of new legislation that no longer allows condo boards to defer necessary repairs. 

The hold time is 1-4 years but expected to be done in 3 yrs.

Will the city and insurance company hold me accountable and give me penalties even if it's living in the basement myself? 

Investment Info:Single-family residence buy & hold investment in Jackson.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).