Does that generally mean that the insurance company will only pay up to the dwelling amount to rebuild the home, and anything past that the policy holder has to pay? 

If you maintain proper insurance, they will rebuild your property and pay you market rent until it is rent-ready.

When it finally has to be replaced you can decide if you want to do another survey and lose some yard to build on your property or ask church if you can rebuild their fence.

(These are full replacement policies as they are in HOA’s where you have to rebuild an identical property if the property is destroyed.)

Put away 90-100k, and take some time to rebuild my credit.

Strategy, ROI , CoC, rental rates and so on ...I figure we are better together than alone.Together we can maximize our profits and actually rebuild norristown so our investments appreciate .we can also share our knowledge on mistakes not to make, info on zoning etc etcSo guys reach out I’d like to talk to my fellow investors!

We just had a $400k housing in decatur area that was a total rebuild/redo 1.5 years ago...but lots of short cuts.  

It is highly recommended as it can provide financial protection for landlords in case of various risks such as property damage, loss of rental income, and liability.When shopping for landlord rental property insurance, you should look for coverage that includes:Property damage: This covers the cost of repairing or rebuilding the rental property in case of fire, storm damage, vandalism, etc.Loss of rental income: This covers the loss of rental income if the property is unable to be rented out due to a covered loss.Liability: This covers the costs of defending and settling any lawsuits arising from a tenant's injury or property damage on the rental property.Medical payments: This covers the costs of medical treatment for tenants or guests who are injured on the property.Make sure to also compare policy limits, deductibles, and exclusions for each type of coverage when choosing a landlord rental property insurance policy.

Is that a situation where someone’s house burns down and a family needs a place to stay until they can rebuild?

It sounds like (as you've admitted) that you let them "pause" while rebuilding credit.To be brutally honest, this is partially your fault for that reason.