When you start to do a lot of projects, 50% is a lot of money to go out when you are scaling, finding deals, and doing all the other footwork.

Definitely no way to do a full gut rehab or close to that for $50k today.

Contributions to SEP IRAs can be done after you file your taxes.

Welcome aboard @Mike Weigel Glad to have you here.

I have a 401k, IRA, and pension in place to help me achieve retirement quicker, however I definitely feel the squeeze on a daily basis and always feel like I'm living paycheck to paycheck.

I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

It's like full dividend re-invest on an index fund.

@Cheryl WellmanHi Cheryl, welcome to BP!

.: Josh Altman is seeing a huge spike in interest among displaced Pacific Palisades Ca residents in seven specific areas following the devastating fire last month.He gets multiple phone calls daily from families who are looking to move to 1.

I think you'll be hard pressed to get an ARV of $140k IMO...I'd expect something around $115k or lower.