Send me a DM, I will be available before or after the conference if anyone is making an extended trip.

If you are interested in a evening bonfire REI meet-up; please let me know and put me in touch with the local group and I will extend the invite.Thank you and keep the comments coming.

The strategy I have been taking is to sit and wait and hope the IRS doesn't extend the lien.

So if you were not over extended prior to the GR, you should not have had any difficulty weathering the GR.  

If you think it will only take 2 months and 20k to complete the rehab and payments are deferred for 45 days, I think you have enough cushion with the other 20k to cover payments if the project extends longer than expected.When you REFI most of that loan will be left in the property so the addition rent + your income will be needed to pay that off.Is the selling it part just a second option?

One week in a ratty extended stay motel would cost more and be far less pleasant of a place to stay. 

Now my investment property is expanding and I suppose to form LLC,and in last month I purchased the first investment property in the LLC name.Here is some details of the coverage, its dwelling- fire,extended,and liability in the same city with the other properties.What I can say is except premises liability,and vacant house, every thing else is almost the same coverage with the others.The new house is 3Bed/1Ba SFH. what wonders me is the insurance quote for the LLC Property that I got today,Guess what, the insurances quote that I received today  is $1968.70.Since its a business i was expecting a bit higher than other properties but as you see it is way higher than the others.I wounder if you went though like this and what do you think, is this quote normal for  LLC investment property insurance?.

Due to the situation they may he willing to extend the closing and wave the fee via an addendum do to the situation.

It takes into consideration a 12% vacancy rate and an aggressive CapEx exp considering we may be extending the life of most of the CapEx items immediately.View report

I think what @Alexander Felice pointing out that construction almost always goes over budget and runs longer (which extends your hold costs).