Tenant burned down my rental

[Christina Martinez]

On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable. I have insurance and have secured a public adjuster. the home still has a mortgage as I just have owned the property a little over a year (1year 4 months).

The question is what do most people do when the insurance check comes, rebuild? hire a company to do the reconstruction? I have so many people coming at me from different directions. 

Also the neighbors house was affected but he did not have insurance- the public adjuster is saying this is his issue. Just want to do the right thing as my building caused his damage. Should i offer something to repair his property?

Has anyone done the reconstruction themselves and secured their own contractors and what was your experience?

[Taylor L.]

I think you have to ask yourself what the right decision is for you. If you rebuild, do you want to continue to own whatever you build, or would you rather build & sell to get out of the rental business? What does current zoning allow?