If there are no changes to the space the rebuilding costs should be the same.  

I am looking to connect and pair up with investors who are interested in rebuilding a Oil booming town in west texas.

We decided to replace wooden windows in a 2300sf flip we were doing, instead of rebuild them on a 1908 house.   

The cashflow will not be substantial, and our personal savings will be slow to rebuild via the day jobs.Is this a good idea?

My insurance currently covers this until the unit is rebuilt, with the rebuild expected by November 2024.The Big Question:Once the rebuild is complete, the insurance payments will stop, and I'll need to find a renter.

Should I decide to demo the property in 4 years and rebuild, can I do a cost segregation analysis and use it as a primary residence or will the 1031 disallow it?

Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?

There's a limit to how much repairs can cost vs. a complete raze and re-build(will check current regulations to see what they are).My only concern are the liens and the problems inside.

Learn the basics of financials in RE, build a strong team on the ground, understand the ins and outs of RE and what market your in, understand how to actually flip the home and what strategy you are doing (Highly recommend the BRRR) as holding homes is where the money is made.REAL ESTATE IS NOT EASY!!!

But I believe this is an up and coming area - my home is one of the first tear-down-rebuilds in the area, with more remodels / tear-down-rebuilds in the works (there are a handful of remodels in the neighborhood).