Also in terms of insurance claims do people have to wait for the claim(s) to be paid o before you purchase/acquire the property (land/lot)I am talking about a strategy I want to use in CA and I want to save money and have a lot of time I can exchange to get/acquire land potentially 

Conversely, what kind of terms would persuade a private lender to put up the 15-25% in exchange for second lien?

1031 exchange help needed.. 

When all is said and done I'd wager that employing this strategy would net even less than just buying a multi-unit to start with. 

At the end of those podcast they ask the person being interview for book recommendations, there is also a post on here somewhere that list all the books mentioned in each podcast.Then when you have a grasp of the type of investing you would like to do buy those books and listen to those podcast.With that being said some of my favorite are: The first is more general the others are Multifamily (can you guess what I picked after going through the podcast)Blue Ocean opportunities by Medawar Wheel Barrow of Profits By Gino BarbaroHow to create lifetime cash flow through MF properties by Rod Khleif (he ask for your email in exchange for the book).....Buying and Selling Apartment Buildings By Berges

We raised that portion of the funds through a partnership in which we gave equity & share of the cash flow away in exchange for the rehab money.

A 1031 exchange may be way to go, but can be delicate as far as timing.  

Message them and offer to take them out to lunch/coffee in exchange for the conversation.

Mainly I am thinking about if I should risk using 1031 exchange funds from the sale of one of my SFHs for a down payment or if I should wait until I have cash.

If they do, then to close on time you and the seller are very quickly going to have to agree to whatever the lender wants in exchange for being willing to doing an escrow holdback at all, which fancy language aside is basically ransom money in an amount greater than the estimated completion cost, to be released once it's complete (ransoms only work if the thing held ransom is worth more than the thing you want).