@Jason Jebeles,Homeowners policies are typically inadequate for Short Term Vacation Rentals such as HomeAway & Airbnb.

Is it limited or all over? 

It can in turn distribute none, some or all of those cash proceeds to each partner/member so they can pay their separate tax liability based upon what they report on their tax returns. 

When it gets as hot as it has been these past few days I'm not surprised that your a/c is considered inadequate.

Re-using entitlement Once a Veteran uses his or her entitlement, it cannot be reused until 1) Original loan is paid in full. 2) The VA is notified of the fact that it has been paid off by the original lender. 3) The house is disposed of (No longer owned by Veteran) Closing Costs: Seller may pay any and or all closing costs, including the loan origination fee up to 4%. 

Hello BPers,I'm a newbie, planning on buying my first SFR in the next 4 months. I'm working on the financing with my bank and I already have my eyes on a property. Here are the financing options offered by my bank:1. ...

You have two options to avoid paying back the depreciation expense: 1) sell the building through a 1031 (this allows you to buy larger and larger properties each time without getting hit with capital gains tax or deprecation expense capture back, 2) refinance the property  and cash out your original equity (along with some or all of your appreciated equity you earned from the time of purchase) and use that cash to purchase another property.I intend to use both options in order to achieve my goal of 1,000 units. 

If you're planning on holding it for more than 5 years then 5% capex is inadequate.  

Who's fault is the fine,, yours,, figure out if the whole fence is necessary.. does it add or detract from the property.. what's it hiding.. it's harder to mow around and get trimmed so unless it's worth keeping.. might be time to take it down part or all of it. 

In that situation, you will have to weigh out the benefits of having that cash available to you versus changing the terms ( potentially higher rates/higher payments ) on one or all of those properties.