The day we close because all there was, was a few items in the house and the Seller's Agent told me she didn't know why.The Title company calls me one last time and told me again that the Seller had until August 31st to move out. 

Require them to list you as a "loss payee" on the insurance policy.That will make sure you get paid if there is a claim and you get notified if they are late on paying their insurance bill.The other option is that you escrow it and add it to the monthly payment and then you pay both these from the proceeds.Make sure you specify that these may go up and they owe the difference when they do go up.

There is a list of items needed to make the home truly accessible including:Bathroom renovationThe should be able to turn a wheelchair around Add grab bars for the toilet and tub/showerChange all of the door hardware to handlesLower home controls including thermostat and possibly switches Good luck

What if you took out a HELOC and purchased a cash flowing property with that money to help offset the loss. 

.- full bathroom update x2-A/C RepairThose are the main ticket items

This is just a general question, but I see it discussed on here a lot that your rental properties are under a different insurance company than your primary residence (and other items) because usually your main insurance companies aren't great with investment insurance. 

Prices don't go up much (so you're not paying as much into the profit of the guy that bought the same property in 2010) or down much (so if this "bubble" pops your equity losses are as low as possible relative to the national average). 2.

Once you know, you can estimate better what it would cost to replace those items. 

The various books links below are those that have inspired me as well as equipped me with actionable items to move forward in my journey of finding financial freedom through Real Estate Investing.

If a property is only in one name (even though it was purchased with the money of two persons) and both persons receive income is it possible to declare these profits or losses 50/50.