I basically set aside the money above and beyond Mortgage, taxes, and insurance, which normally would be set to "repairs and maintenance" and set that aside for the repairs it helped me finance and decent portion of it. 

It’s an imperfect proxy for at least some portions of the greater Austin and Central Texas economy.

If Owner B has a 400K property that he bought for 300K and has depreciated 50K, I assume  his basis left in it is 250K, or 150K of 'gain'.Ignoring the 'land value portion' for this discussion, if they 'swap properties', Owner A now has a new property that is worth 400K, plus the 100K of basis/300K of gain that he 'carried over' from the original.

The original plan was to rent out portions of the house in the fall, but even if that is delayed (because of not being renter-ready and lead based paint certification not done yet,) I still need him to be here (with insurance on the house.)What is the insurance company looking for?

There is likely a point to make about the portion or LTV of seller financing as well.Fundamentally, there is a defect, if you will, to the asset or transaction.

I had some incentives lined up for the green portion, and due to our design, I was able to use them on some of the parking structure.

Ok, my understanding is that when you convert your primary residence into rental, you need to establish a cost basis on the portion you're converting.

If you have a way to do it without facing margin calls if the stock market crashes again, or have a liquid way to cover any margin call that arises, not all tied up in a house or forced sale of stock to cover, then maybe I'd consider it, but not sure how you do that unless you're 100K loan from your own brokerage account is a very small portion of what you could actually withdraw, keeping yourself well leveraged there just in case.

As repairs are made, the insured_______________________________________________________________Actual Cash Value (ACV):Actual Cash Value settles losses with depreciation levied against the damaged items/portion of the property.

You might ask the seller for a copy of their operating agreement, only that portion that specifies who has the authority to sell real estate or a copy of the minutes where such authorization was given to act in the deal.