The insurance company told me that if I claimed it, they would drop me because they didn't know it was still vacant and that they wouldn't pay the claim.  

@Andy Lesko have you filed any claims with the warranty?  

I'm listening to a Podcast that has someone from Ridge Lending Group on there and it was said that as long as someone has a single member LLC that they own 100% (or if husband/wife each own 50% of multiple member LLC) and they do a quit claim deed to the LLC for asset protection, that this is allowed (which implies the due-on-sale clause would not apply).

They do not want to pave it, and I said I would entertain the purchase and construction of a personal drive on my own.After consulting their attorney they asked to use a Quit Claim deed for the transaction, which I am hesitant to accept - would rather have at least a Deed without Warranty or better.  

Let it foreclose and make their claim against the govt (they get to tack on all their extra fees). it is usually good to research when they bought the house and how much is left to pay, may help you find the right number.

I have a client in Florida that I am trying to help with an overages claim.

These types of claims often result in the insurance company settling the suit for a five figure sum which is also covered by the insurance policy.

You still claim the interest no matter if it's one loan or three.  

.- $xxx.xx :: Analyze local rental market- $xxx.xx :: Quit Claim Deed into an LLC to remove liability. - $xxx.xx :: LLC " Operating Agreement" outline everyone's role, responsibilities, contribution, buyouts, buy-ins, etc.

If you do not claim depreciation you are entitled to deduct, you must still reduce the basis of the property by the full amount of depreciation allowable.