Typically it is the local building and zoning with a similar rule, repairs of more than 50% are not prohibited, But if the rebuild/renovation cost is more than 50% of the property value then the property must be brought to Current building codes, which may include the floor elevation being raised to current building requirements, which is usually not feasible, cost wise.

Hello,My purpose of getting into real estate is to help rebuild my community.

You may need to make sure the coverage will meet any rebuilding requirements of the Historical designation. 

-Full kitchen tear out and rebuild $10000-12000-All new flooring $3000-$4000-Paint $1000-A few fixtures $1500-2250-appliances $4000-roofing $6000-8000-Siding (is a maybe depending on how the rest of the neighbor looks) $3500-5000-deck repairs $1000- garage door $800-1500- Bothroom upgrades $3000Depending on the lay out we would be looking at doing master suite with a Bathroom.

My current policy has a rough annual premium of $1200 or so and Foremost just told me that based on their cost estimating software, my $69k property would cost $512,000 to rebuild if the replacement policy were to kick in...and my annual premium would go from $1200 to $4,348!  

(h) to pay Owner/Agent for costs to repair, replace or rebuild any portion of the premises damaged by the Resident,Resident’s guests or invitees.

I ended up just holding the duplex and not rebuilding for now and have not worked with an architect for anything else 

There were some great deals with those who had very deeps pockets because it was not just a rehab, you also in some areas were required to knock down, then rebuild fresh or lift and then rehab.

Hello,please, dont go flipping anything from hard money at this time. try door knocking, calling on craigslist, zillow etc to find wholesale dealssave up money then partner with an experienced flipper/rehabber on your first flip.until then, join local groups, meet 5 ppl a day in RE, build a network, provide value to them by supplying leads to them..via wholesale or even referral understand online marketing as well...thats the future, under how technology can be l leveraged in RE.so, you need to MARKET, NETWORK, & AUTOMATEfor now, start with marketing. kill it!!!

Just to do the demo or to rebuild it?