I also I have considered doing 1031 exchanges for multiunits, but I like them in California, however the insurance situation is really preventing me from doing that.   

It's essential to address this matter quickly to prevent further complications.Reach out to the tenant directly Discuss their current situation Explore possible solutions togetherYou may also need to consider looking into legal assistance and initiating the eviction process if necessary. 

Fannie Mae has several different ways of calculating rental income, and getting it wrong is very common even for seasoned LOs.Take a look at the image below, from an .xls file found here at fanniemae.com.That individual lender might have an overlay preventing this.

The investors usually have a lot of equity left to tap into, but the rate on the debt often prevents them from being able to tap into more equity.   

Here's how we handled it:Carpet removal to prevent mold and speed dryingIndustrial fans and a dehumidifier brought in immediatelyDrywall and baseboard cut 6–8 inches from the floor (no moisture detected with a meter, but we didn’t want to risk it)96-hour drying period with equipment running continuouslyDrywall & painting contractor brought in for a full room (and full house, once we committed to a complete re-pipe)New carpet and padding orderedRe-pipe scheduled and completedThe Cost Breakdown:Carpet and Padding: $527.84Drywall, Trim, Paint, Finish Work: $2,200.00Paint Supplies: $87.70Full Re-Pipe: $5,242.20🔻 Total Out-of-Pocket: $8,057.74Yes, we’ve submitted an insurance claim and are optimistic about some coverage, but this situation reinforces a point I think many newer investors overlook: you must be well-capitalized.The Reserve Rule We Live By:We personally aim to keep a minimum of $10,000 in reserves per door.

.- Would my ROBS structure (owned in c-corp), prevent me from getting a loan, as i'm not sure I'm allowed to personally guarantee any loans. 

The big hurdles that are preventing this from really making an impact are:1) Barrier to entry cost - This is all the permit fees, environmental studies, professional costs, etc.

With personal debt at all time highs, people's ability to repay, prevents loans for housing going beyond the current level.

Having the right team in place from the beginning can prevent costly mistakes and give you peace of mind as your portfolio grows.Wishing you success in your investing journey!

Your biggest focus in investing is to first ask how can this go wrong, and how can I prevent or mitigage.Murphy's law paraphrased.. if you dont prevent it, you are asking for it.