When the insurance company determines that it would cost more to repair or rebuild than the policy limit, they consider it a total loss and pay the policy limit.

Still less than rebuilding, but you almost need to get it for free just to break even, I'm thinking.David J Dachtera"Success is not a destination.

There is only 2 ways to fix that problem, rebuild the foundation wall (stupidly expensive), or install steel braces that anchor the braces to the foundation floor and the main structure so that the only way the wall could collapse is if the whole house collapses.  

@Ryan R.I didn't build the deck, so I don't know how deep that corner support goes, but we plan to demo the deck and rebuild it anyway. 

If it was a total loss you could not rebuild your existing configuration, but you are allowed to maintain it.  

Need the educational foundation, while rebuilding your credit.

Both include demoing top, raising block walls by 18" to gain 8' ceiling height and rebuilding, reusing existing cmu foundation.

It needs full electrical and plumbing upgrades, interior kitchen and bath rebuilds, exterior work, and tons of cosmetic work.

I would expect  longer term leases would be available but only if the estimated time to fix/rebuild the original home would call for that increased lease.

When something comes up, use it, then rebuild the reserves with the cash flow from that rental property.