Using a 203k, you'll usually have quite a bit of equity that in 1-2 years you should be able to refi out of the FHA loan product into a conventional removing the MI associated with FHA loan products. 

Why would you knowingly associate with a thief?

Clear office, Sheriff’s office, and law firm associated literally didn’t provide any information. 

Also are you setting up a HOA and association for these two units as if you are selling them seperately under same roof you will need to set something up.

Keep going, keep asking questions, and keep stacking knowledge—because the more you know, the faster you grow.Disclaimer: I am a licensed real estate broker associate in Florida, but I am not a CPA, tax professional, or financial advisor.

I am curious if it is associated with bigger pockets? 

Disclaimer: I am a licensed real estate broker associate in Florida, but this is not legal or financial advice.

Explain your concerns about the property's flood zone status and see if they are willing to release your deposit or reduce the sale price to account for the potential risks and lower property values associated with it.While $5K isn't a trivial amount, sometimes avoiding a much bigger headache down the road is worth the loss.

Every loan and bank will have its associated fees and cost as its the price to do business but if you see more leverage in tapping into existing equity that could very well be the case.

I'm meeting with the alumni association next month to get a chapter set up in the Lowcountry.