Basically this: If it was an accident, it will most likely be covered, if not, then you are S.O.L.

If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I just figured that with multi- there's a lower risk if there's a vacancy although I would plan to have a 6 month reserve if the situation were to occur. 

I believe in a general sense there is a "course correction" coming,,, and in some markets, already occurring.

So as I read and hear about creative deal structures, I can't help but wonder what geographic areas these are occurring in.  

Any time a redemption is executed/occurs, the title goes "back in time" as if the foreclosure sale Never occurred....which means nothing got wiped out at the sale.

We found BiggerPockets.com by accident searching on Google.  

My first thought is to say place your assets in a trust, but your spouse still would not have access to your funds until a triggering even occurs.

The gain due to depreciation that did not occur is taxed as the ordinary income that was never taxed in the first place, but, the recapture rate is limited to 25%.

Unfortunately, what kills you this time is that the sale has already occurred.