Next look at the amount of coverage on the dwelling itself (Coverage A) - is this set up at the full replacement cost estimate amount to rebuild the property? 

I have the opposite problem, I have access to the funds but am just starting and do not want to make a mistake that could leave me up s**t creek and rebuilding the funds for another 3 years.

She now wants to do a complete gut job or even tear it down and rebuild it into a 3-family house.

I want to help out and help them rebuild the community and town... so that this tragic event that occurred doesn't destroy a town and community forever.

Cody - depends on the work - but if it is building or roofing - I have a recommendation of a guy who just finished a rebuild of back stairs at a duplex I own in Appleton.   

Run a couple scenarios, and if knocking down the house and rebuilding is the most profitable (with an acceptable level of risk), go for it.As for knocking it down yourself, if you have to ask, you probably shouldn't

You are so far off in your description of a Sandwich Lease Option, that it would take way too much space here to unfold your end and rebuild it from my end.Now, if you want to learn the basics of it, the correct basics, just PM me. 

If the water issue has been dealt with, it might be as simple as rebuilding that section of the wall.

I dont think other carrier would pay me $500k to rebuild a house that would sell for only $250k upon completion, even if the dwelling coverage limit is at $500k.

Panama City took a hard hit from Hurricane Michael but opportunities will abound there for the next few years during the rebuilding process.