While I overall agree with you, there is a case to be made that premiums will start to normalize:Namely, major insurers pulling out of the high risk areas like FL and CA are limiting their catastrophic events.  

Better to ask first rather than spend a lot of money and find out later..... :-)

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kFeature sheet: https://drive.google.com/file/d/1PMMTCmYptc1Jiy14MgAImJyiiEonebQl/view?

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I had to do my own digging and found out after I bought the liens they were actually two lots that are assessed at $2800.

Thoughts on pulling money out of my primary residence to cover the down payment or are there better ways?

You are in a great place for host feedback and checking out some local FB groups or hosting groups to get specific feedback.

The financing contingency period is up tomorrow and it looks like they are going to back out, so I guess we will put the property back on the market as a cash-only purchase and see what happens. 

In most markets at the current rates, the property is negative cash flow after extraction of equity via the refinance.