From your last post it sounds like there will be a supply glut with so many wanting to sell so it will be an interesting development to follow as the rebuilding continues.

Well, that degradation and rebuilding go both ways.

The price is very low but I don't think the area could support a complete rebuild.

However if the house were to burn down for example, the insurance company would only rebuild the basement kitchen if the suite was legal.

Whether you believe in his agenda or not, researchers have shown that his new plan will need to take on a massive amount of debt, which will be used to create jobs and rebuild our infrastructure.

You need liability insurance to protect yourself from damages that may arise at your rental property (trip and falls) and you need to cover the structure itself (rebuild costs).

I recently came across a prospect that is rebuilding their credit and wants to do a lease to own or rent it for 6 months to a year and then purchase the home.

It's silly to have to pay for full replacement cost on older buildings where you would not rebuild in a catastrophic loss but there are scenarios that have to be factored in as well.

My Fire/Dwelling policy covers the rebuild cost of $193K, $2K in personal Property, and $100K liability (seperate $1M umbrella) for a yearly premium of $1750.

Example: the historic preservationists in Davenport Ia want you to REBUILD wooden windows rather than replace them with energy efficient vinyl.