I may not have been clear enough: the ADU is already built, we will just need to do cosmetic fixes (literally painting and rebuilding the shower just because it is super old).

The county assesses those lots as worth about 10K, but when houses burn down in the neighborhoods where I have houses, the rarely rebuild them.

It’s a logistical nightmare and a financial hit that no one wants to face.Moving ForwardDespite the mess, I’m determined to rebuild.

Although insurance may cover the rebuilding of your property, it could be vacant for months or years until the community recovers and people return.Operating costs: Every dollar lost to property taxes, and insurance is a dollar less for you to live on.Rent control: Government control of your rental property can transform a promising investment into a nightmare.Location Selection Process and ToolsYou can try to analyze all possible cities in the US and select the “best”.

Replacement Cost:  the cost to rebuild the structure from the foundation up with the same kind and quality. 

I spent 2 years rebuilding this property on the weekends.

I took him to the lot, and he said he would be able to rebuild for roughly $45k after I negotiated down from $65k.

Not to scare you - but we made one mistake on a flip - replacing old wooden windows instead of rebuilding them - and it ended up costing us $50,000 to our $175,000 profit margin.  

I'm not talking about rebuilding it into the Taj Mahal.

It took 1 year to rebuild.