So i'm rebuilding my list but, it takes time.

For example how material cost have risen over 30% which also makes insurance premiums higher because now the cost to rebuild is much higher.

Not an insurance issue, but for either one, if the damage is more than 50% of value, but Not a tear down rebuild, you may run into issues about bringing it to current code.....one of the things that can screw you is if the Current floor elevation requirement is higher than existing, you’re stuck if it’s a slab home since there is no way to raise it without tearing down and rebuilding.  

Some insurance companies have told me they don't insure LNC buildings cause 'replacement' wouldn't be a straightforward process, as there's usually no detailed record of such grandfathered buildings' layouts in the records to permit re-building following a fire, flood, quake, etc.Others have said at least in while securing quotes, it's a non-issue.Surely they both can't be correct!?

Some are for special porposes-like the grant I have is specific to rebuild New Orleans after Katrina; it is called a Road Home Grant and there is a website for this grant.

David,Replacement Cost (RC) is the cost to rebuild, from the foundation up, with the same kind and quality. 

Naturally, you can also figure out that he knew which guy lived next door that can rebuild virtually anything mechanical (I have a T-shirt the kids got me called "Mr.

Front load the risk and build great properties by gutting and rebuilding units from the inside out, while having the experience and know how to pull this off- Buy great locations and pay through the nose for them- Buy for long term equity and appreciation, they are ok with barely any cash flow if its a great location and a quality asset- Value Asset condition over cash flow- Value location over cash flowPOOR INVESTORS ______________________________________________________________________________________________________________________- Chase cash flow in C class or lower locations - Buy crap properties that have 15% CoC returns and a ton of differed maintenance that they fail to itemize properly - Value cash flow over location and asset condition - Look in high risk areas that no one else is looking... for a reason - Buy inexpensive properties because they do not have enough funds to get into a B class location.

Accordingly, all borrowers will claim they can rebuild a property for next to nothing.

I’m currently dealing with a rebuild of a waterfront house fire, FEMA ordered a tear down / elevate and insurance is only covering about 1/3!