Meanwhile, my lender already paid the new $2,827 premium out of my escrow.

But @Katie Smith has a great point because after the Miami apartments fell in on themselves, lenders are much tougher on condos and a lot more makes them unwarrantable which will negate an FHA and require a DSCR loan.

But the reviews of the all the top home warranty companies don't give a good feeling about the practicality of using one including poor service, delayed appointments, multiple visits to fix an issue, keep patching the appliances and systems instead of replacing, offering low replacement costs if they decide to replace, not to mention the tenant frustrations because of these issues.

Meanwhile, my lender already paid the new $2,827 premium out of my escrow.

If anyone has any leads or contacts on lenders that specialize in land loans or FHA construction loans that would be great!

You can also search Google and read reviews.

Also, try to see if the lender will allow to buy under LLC for better assset protection; by doing personal gurantee. 

Quote from @Marty Neville: Just reviewed my transaction history from my bank which confirmed my property manager has not distributed rent for 12 months, I have requested a full disbursement.

- A lender that can connect you with a potential rock star agent or other core 4 members

Meaning you will have a check book, debit card, and direct access to your retirement funds to be able to use for any investment or expenses needed for that investment as long as it's compliant.It's important to note since the investment is held at the bank, the custodian will not be able to review investments for compliance with IRS rules and regulations or do any record keeping of this account for you.