Unfortunately, getting the insurer to extend coverage beyond the bathroom may be an uphill battle.

Liquidated damages can compensate the owner for lost rental income or extended financing costs.

@Davis Barrow they didn't want to extend your rate lock because they wanted you to buy more expensive paper which is a bit unfortunate.

. ;-) There is nothing false wiih what @Henry Clark said.Commercial real estate is broad - Office space, self-storage, Farm, Data centers, residential properties above 4 units, etcIt can be true that one part of commercial real estate is suffering while others is thriving.

Buyers want patios, decks, and backyard spaces that extend the home’s livable area.

The premise of those opportunities are based on you living there for an extended amount of time.

We have extended our search to the surrounding counties outside of Pinellas at this point but would appreciate the opportunity to run numbers by you for a second look.

Quote from @Neeta Agrawal: For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023.

I will give you the common-sense answer below, but this is California, where common sense doesn't exist.A mandatory evacuation is outside of your control, so you shouldn't suffer financially because of it.

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.