During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

You can't really know what to do until you know who actually owns the property and if there are any pending lawsuits. 

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

If you are having trouble finding a duplex, is house hacking an option?

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

What would be the best loan option for purchasing another property under my name that I’ll be moving into as my new primary residence? 

Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

Quote from @Dennis McNeely: In a sandwich lease option, the investor exercises their option with the property owner to purchase the property when the tenant-buyer indicates they're ready to exercise their option and purchases the property.

Many people that reach out don't have the 50% down to even achieve this option.  

You do not actually need to go that deep to repair this problem.