This may play a factor in the strategy on how to handle this situation.It doesn’t seem like there would be reasonable time for the seller to make a proper repair before closing, so best approach would be to request a seller credit.

RC vs ACV example for the investor above could play out like this - Building insured for $60k on ACV, has an $80,000 fire. 

Yes, if you know how to play the game or hire expensive professionals like myself to help.

Again money generally comes into play in this section.Rehab also comes into play for financing, properties generally need to be pretty livable to get conventional financing.

(Use these formulas to help you look at $40,000 in ten years invested in housing or $40,000 in ten years invested in real estate.... even try 20 years).Anyways, I know this wasn't directly answering your question, but it was more to show you another way of looking at why the 1% rule is a rule... if you aren't getting that and are playing for appreciation or debt paydown + cash flow.. just be careful.

Along with larger MF loans.. to get a larger loan say 3 to 5 million you must have a 3 to 5 million net worth to match it.. this is where equity comes into play. 

You have a "sizable" capital fund with which to use to leverage your future in commercial investing (and I would assume give you some time) to properly survey the lay of the land and find out which interests you & why and which plays to your strengths & weaknesses. 

If not and you're just playing with terms, my "hunch" is to agree with @Scott Jensen ... if you're very comfortable to put $15,000 into making this happen ($10k cash you need to bring to the table plus $5k closing costs) without sacrificing reserves etc, then perhaps just pay the $15k on the smaller loan. 

This is an extensive question and a lot of variables can come into play.

I couldn't turn it Additional bonus nugget: In my opinion, buy vacation rentals at the beginning of the low season, sell just before the high season (probably a no brainer).