. , you are fine because you contacted underwriting and hopefully received an underwriting memo underlining that they expect coverage to pay out for property and liability even if the LLC is the sole named party in the lawsuit, but as many do not have the ability to contact underwriters directly, they cannot do the same.

No plans to buy real estate at the moment because I think it's overheated in most markets, especially those I'm familiar with, but if the money did land in my account today, I'd probably invest in a conservative mix of mutual funds, stocks, bonds, etc. with the hopes of at least beating my mortgage rate. 

(They want to be able to have parties, smoke quasi legal substances, they want to have bbqs and a backyard to call their own etc) Also believe it or not some are still price sensitive (if they don't have an unlimited student loan or bank of mom&dad).My 3 Fanshawe rentals are all in this neighbourhood.

According to the parties involved, the notifications from the mortgage company went out to all parties.

@Kal PaneliyaA contract can be amended before closing with the consent of all parties.

The hardest part is getting that first deal/property!

@Stanley Kong  There are disclaimers on listings.. any item on a listing is subject to second party verification.I really like the big bold one on the Charleston SC MLS system" if square footage is important measure"  this clearly denotes sq. ft. is estimated if you want it exact you need to do your own measuringIn the foreclosure or distressed asset business some of the best deals are when the bank or seller mis states sq ft..

It sounds like the question comes down to if party 'A' keeps the SDIRA and party 'B' stays in the house, there is mostly the '20% difference' to account for. 

I advertise for a buyer for my home, I say, "financing available through third party," but I don't disclose the terms.

I would use a reliable 3rd party property inspector for this which will cost you about $200 - $400 based on the size property.Before doing that, definitely have a local realtor that's representing you look into it.