The info I've found online on FIRPTA is a bit unclear, so I'm hoping someone here at BP will provide some clarity. 

It is important to make sure the lender will allow different insurance providers for flood.

Hello, Mark Svendsen, based on the information provided, here’s my analysis and some considerations regarding the trustee's decision and your options:1. 

Already started a couple brief discussions on it with some turnkey providers, but would like to get as much research done as possible to understand the markets there.

we use property preservation companies and they charge anywhere from $20-$50/photo depending on quantity and location.also provide you with a report on the property as well. 

Shop Other Insurance ProvidersGet quotes from other homeowners insurance companies.Some insurers may be willing to provide coverage by having you repair/replace just the missing shingles rather than the full roof replacement.

I hope this can inspire some people and provide any kind of help.

There is an organization in LA that will help you navigate the permitting process and provide some advice/guidance *before* you go to the permit offices and let the cat out of the bag.  

Consulting with a tax professional can provide tailored advice to navigate the tax implications of this arrangement, ensuring both parties understand their reporting responsibilities and maximize tax efficiency within the tenants-in-common framework.Hope this helps!

This provides a steady income stream with minimal risk.Appreciation Potential-The property has appreciated significantly since purchase, and you could continue to benefit from further appreciation in the future.Minimal Hassle-You're already familiar with the property, and since it's paid off, you don't have mortgage payments or associated risks.Cons:Limited Portfolio Growth-Keeping the property means your investment portfolio remains concentrated in one property.