Sold it 2 years later for 46,500.

Bought a property and sold it 3 years later and paid off his loans.

Had to replace the main drain (lateral from the house) to the main in the street.Hired a Pro to perform trenchless, sure glad I did. 

I'll get a EQ line on it later and buy another one.

I'm likely to refi and look to get another property sooner rather than later. 

The bank may have had a goal of moving x amount of properties off the market in a certain time frame, and when that happened they pulled the others from the market till a later day.

If you do pursue more insurance I suggest you read the fine print--don't buy just because it is the cheapest and make sure your agent has experience with investors who are not only your size currently, but also familiarity with investors who have scaled to higher heights because if you plan to grow, you need a proper foundation now or else growth will be costly and time-consuming later. as @Juan Carlos Quiroz Zolezzi says "all insurance policies are created equal" and neither are insurance agents...Feel free to reach out with any other questions.

If you quit at that point and lived on your wife's salary your 1 million nest egg would keep growing in the stock market until your wife decided to retire a couple years later.

Plus, if you do a deal directly with the seller and cut the realtor out, they may be a pain in your butt later.

Several years later, I still own and manage the property, and have learned many lessons in landlording and management.