I am not sure what the means for insurance payouts, replacement value and property value are VERY different - does anyone know?

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.Nathan-Every state has different laws believe it or not. 

That may differ by state.

However, if this market is likely not to appreciate it's a different story.

No way to say for sure since each lender is different and I have no idea of the terms you need or your FICO, but it is typically the prime rate plus a couple of points.

. - that might be a situation where you would want to work with a contractor directly because you would have lots of different options with widely varying costs.

Appreciate the discussion and different perspectives! 

2) Subsidizing rents:- S8 and other programs statisitically only train tenants how to be dependent on the free handouts.If you really want to make a difference, try basic financial education for tenants and the financial demographic they come from!

Perhaps you are talking about something different.

I’m in the 33% tax bracket through my real job and this could be a big difference in taxes owed if we sold the property?