The penalty is triggered if you refinance or sell the property and can be anywhere from 1-5 years.

Definitely in it for the long game. 6 months ago I could have pulled the trigger if I had my mind in it, then of course life happens and now we have some work to do before lenders will give us the time of day. 

Prop 19 I believe will allow rebuild without triggering any reassessment of value.  

I have already spent a ton to have these "unlimited LLC" structures" & haven't pulled the trigger on the recording of the deeds yet , but I will also need to pay for the attorney's time.  

I even tried to buy a 7-11 with it back in the day but didn't pull the trigger because I didn't have time to go to 7-11 school.They probably still do it, people just never ask.

While a conveyance via WD may provide the possibility of the Grantee suing the Grantor for a breach of the warranties and thereby triggering the insurers obligation to defend the Grantor or pay the covered loss, it is not the same as the Grantee being insured under the existing policy. 

There's that pickle.You can raise up the whole house on piers, but expect it to crack and settle.You can build sump pumps and automatic Moen water sensors to trigger the pumps but if the water rises fast it won't save the ship, and power will probably be out so you need a generator.Do not expect or plan that anyone will fix the seawall, it's on you and the problem is will your neighbors all have millions of dollars to fix at the same time that you need to?

I know that I sound harsh and you're gut is probably telling you that if you call enough lenders you will find someone.

If you have FOMO and pull the trigger now, I suspect future you will be upset.

Frankly it doesn’t seem like you’re ready to pull the trigger on this deal. 99 out of 100 “deals” from wholesalers are bad IME.