It's always worth comparing rates and terms, as some lenders might be more aggressive with loan-to-value ratios, depending on the location and property condition.

If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.

**Selecting Properties**: When choosing a property for Section 8, focus on neighborhoods with strong rental demand.

You can't decide which one to choose based on the minimal information you provided.

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention".... 

Hi @Charlie KrzysiakIt is all depends on your goals.

Its going to really depend on your location, scope of work, and finishes.

You do run a "risk" of being outbid at REO sale and "losing" the property, but given that may happen, the "total debt" is your security as you may bid up to that amount where it makes sense, but you may also be able to cash out for a healthy profit at sale if you so choose.

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal. 

Question: why would one choose to build an ADU when existing structures sell for less than the cost of development?