Cashing out equity is essentially borrowing money so you can borrow money.

Although I agree with a lot of what has been stated above about making sure this gets paid ASAP, based upon what I've seen in this arena I would just make certain that notice of the claim has been properly given under the policy and then let the insurer deal with it.Making payments (essentially settling on behalf of the insurer) and assuming they will be covered and reimbursed in full carries some risk and may actually conflict with the terms of the policy... give us timely notice; let us fix, defend or pay; cooperate, etc. 

It essentially pulls power from the unit that is not currently functioning.

The first one said he was going to email me last Thursday with a bid - haven't heard from him yet, so he is out of the question.The second one I met at the job site and he essentially said he wasn't interested in the job.

(They are essentially duplicates of the same house.)

You are never going to find Class B C properties in good school districts and super safe areas.

Effective communication with tenants is essential for any property owner/manager.

Which is essentially that the landlords can get away with not filing 1099s.That said, however, I concur with my colleagues on this thread who advise their clients to file 1099s regardless.

Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinance to get all of your cash back.

We are kind of stuck at east side, considering good school district (with a toddler and an infant) and easy access to Seattle downtown.