The answer is usually obvious if you can take the tax hit, but in your case assuming 5-7 years away from needing/wanting to distribute money to yourself, this is a decision you need to make with your tax advisor.

If you have the money and a financial foundation to do that then that seems ideal.

Action will always trump inaction - I have made mistakes, but this deal has taught me a ton, AND we are making money on the deal.

They still need to have license.The only disadvantage that I'm aware of is that if the insurance goes bankrupt then the state would not step in and pay you if the state has any money left.

We would like to put in a cash offer and quickly recover our money with a refinance and still be able to deduct the interest.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?

So, they don't owe you anything and you should probably be grateful for any amount they gave you.1) It's probably cheaper for them to offer you "hush money" to keep quiet vs suing you for libel.

If you’re in that cash position I mentioned above, then we might be a good fit to get on a call so I can show our process which is complete: 1) finding and buying the right property 2) creating a top product from that purchase with a world-class designer on my team 3) co-hosting/managing that property at a discount for clients to ensure you get more money and have a product that lasts.you can also follow me on IG @tampa.rei , I’m actually about to post a walkthrough of a property that was being managed by one of the most popular PMs in the country and in just 1 yr you’ll laugh to see what state the property is in from poor management!

This was perfect to save a lot of money while maintaining a high standard of living.

That, or an actual recession that causes people to take money out of equities and into the safe haven of bonds...