It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to d

Depending on when the contract was purchased, there may be a surrender charge period (amount of time the majority of the funds need to remain in the contract to avoid a penalty - ie surrender charge), however, most companies will waive this on a death claim so it’s unlikely that will be a factor.  

The advantage with CrowdStreet is that they vet (or at least claim to) thus living you really mostly with DD on each deal.On SFRs, I think this is where the real impact due to ability to leverage our own cash.  

If that is the case then Mom and Dad claim it as a Primary and you don't claim anything.If you are securing the debt on the property making loan payments and the such then it would fall into the realm of a second property.

Insurance company denied claim due to property being vacant for 60 days.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I'm going to go through the process and file a claim to see where this takes me, but would I be able to demand the HOA replace or repair my cabinets if insurance doesn't cover it? 

And as far as a future 1031 exchange - If my intention was to to roll these funds into another flip, and roll those funds into another one, my understanding is I would need to have the NEXT property to flip already claimed to do a 1031 exchange? 

You won't be able to claim the lost income from missed opportunity costs.Best strategy is to let the borrower sell the property.

What they took was the nearly $7,000 profit after all expenses were paid back at closing After claiming there was miraculously $7,000 of expenses that were needing paid back prior to me coming on board that was never once talked about in the nearly 7 months of working on the project...