My claim was denied and I am going to mediation (i did not know that existed) before considering calling a public adjustor.

We have indicated we will take the issue through mediation if necessary but I'd prefer not to go that route if possible.Thanks for any help and advice,Ben

That is usually the cheapest option, and often ends in the parties negotiating with a mediator.

Find another property and file a case of mediation or litigation with the seller to recoup the loss, though there is less chance I am doing this, its just a waste of time.3.Have another lender to finance the property through ARM 5/1 and repayment within 5 years?

Arbitration and Mediation are most common, and are far less costly than an attorney; but also a written request or dispute regarding a Violation Notice often have a 30 day window to submit.

Besides the eviction process can go to mediation and they’ll likely end up getting that extra timebottom line is this isn’t a landlord problem, it’s a money problem. 

I wanted to be apart to mediate just in case

If you're not living in the home as your primary residence and not paying a property manager, you may want to make use of the RAP's mediation program. 

Including who your mediator will be if at impasse in decision making for a 3rd vote. 

Janae,I know it may sound ridiculous, but I think it would come down to what judge or person you get if you needed to go before them for mediation, or however this is handled in your area.