I lock my door where my stuff is, but I suppose someone that hard up for cash would be a huge risk.

Can this be done at the same time or trigger prohibited transaction? 

If is she seeking reimbursement for the damage that should be enough to trigger coverage..

If you breached a duty owed to them say by not locking the door etc maybe they have a claim, if they have insurance it is likely the risk falls on them not you.

With the fantastic rates offered today locking in 4-5% loans for 30 years is much better than having the mortgage rate risk that a commercial blanket loan would have at renewal.  

I am not a fan of someone locking up a house that they are not capable of closing on. 

As someone just getting into the art of investing, I can say first hand that there is a fine line between being ready to pull the trigger and jumping the gun."

Doing a lot of reading and researching and I'm getting ready to pull the trigger and buy my first property! 

Also, always make sure that the numbers work out before you pull the trigger.

It is the sale of an appreciated or depreciated property that triggers the recognition of a gain or need to recapture of depreciation.However, that being said there is a way to use seller financing when you sell a property and still harness the advantage of a 1031 exchange.