It would be best to schedule a call so that these items could be discussed in more detail and provide answers to any additional questions you might have. 

Here’s a detailed look at our situation and the questions we have:1.

Sure maybe more detail to the insurance policy, but you came out a winner with the hand you were dealt.Total freak accident.

You and this private person you met hammer out the details of the loan at the kitchen table so to speak and you seal it with a handshake and your reputation that this Private Person already respects or whomever introduced has vouched for you.But if a man opens a lending company tomorrow with 50 Million of his own capital and he checks in on the HML market to see what it bears and he copies his products and UW guidelines and now is he PML or HML? 

@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?

Have your QI give you a detail lesson on 1031s and make sure you understand it.Pros:4.  

They already have my records from the previous year(s), I’ve been a client for 20+ years, and I provide pretty detailed reports per property.

@Jared LyonThe devil is always in the details.

It served us well, along with the other detailed information they could provide, to make an informed decision. 

Assuming it does happen, despite all the obstacles that I mentioned earlier, could you please clarify a few details for me?