The website looks like it covers all of this, but I haven't seen a lot of talk about it.

And that's where they get in trouble.I have never taken money out of our REI portfolio to cover living expenses.

Looking for any creative input on how something like this could be structured.Taking part of the purchase price of real estate as a charitable donation and using said deduction to lower your taxes is tantamount to sending a cover letter to the IRS with your return requesting an audit.  

It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

The house had a warranty the first year that covered anything that came up, and we only had one issue with HVAC over those 3 years. 

Take a look at Personal Property versus Real property coverage, plus clean up costs to make sure your covered.I would also look at covering your project from the Subcontractors. 

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

It's just an unfortunate side of house flipping when you're first starting out - you typically don't have your downside covered.  

You can use your own funds, use a HELOC or do a cash out refinance to cover the costs.