For now I am ok with a couple of percent on my cash; at my age I can't rebuild a third time.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

We will have all materials delivered, demo completed, and rebuilding starting before a payment is made.

Sounds to me like the sellers did make a claim and decided to take the money and not rebuild the property back to 100%.

I have partnered with a couple of guys here in St Augustine and we rebuilding 4 vacation rentals.

As mentioned above, I also don't cover for replacement cost; if the place burns down are you really going to rebuild?

Anyone considering in investing in Binghamton, NY and surrounding municipalities needs to read this article.www.pressconnects.com/story/news/local/watchdog/2018/01/04/flushing-millions-down-toilet-broome-sewer-plant-rebuild-cost-projection-tripled-275-million/960700001/

Buyer paid 95k and now gutted everything and tore off the back and is rebuilding., wheras this house was totally livable.

I love the area and want to help others while rebuilding neighborhoods and earning cash flow, all in one.

You really just need to start somewhere, make mistakes in the analysis, and rebuild your spreadsheet to compensate.