The timeline for reconstruction is decades, many will choose not to rebuild or re-take the risk.

Question: why would one choose to build an ADU when existing structures sell for less than the cost of development?

You also get $50 automatically when signing up with Invelo, no matter which plan you choose.

Above all, choose a market that aligns with your goals!

@Tatum Littleton, I appreciate your welcome and reassurance that we are choosing a good starting place. 

Leave the owners alone, when and if they are ready to sell, they will, and there will be plenty of lots to choose from on the MLS.I have no statistics to back this up, but in my casual observation after our fire is about 1/3 of the owners rebuilt their homes (some built similar, some duplicated exactly--big mistake, and some built better/nicer/larger homes). 

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.

If I were a decent renter shopping in that neighborhood, I would choose that brick building over yours every time. 

.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?

If I choose to rent, I might make around $200 - $500 a month.