I don't see a way to win this one unless the other owner is up for rebuilding the wall.

We are just rebuilding from the second Great Chicago Fire, huge swaths of the city have been systematically devastated since WWII.

I'm a newbie to rental real estate but I know a little more about home plumbing and wiring that might help you make a decision. 1) The rebuild value of an older home like that can be pretty high requiring a higher insurance premium.

Again, i really want to say thank you.Im in the process of rebuilding my credit, so getting things in order are essential.

My now-wife brought me to Maryland, which means I need to rebuild a client database.

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.

I'm having a hard time getting started as I see deals I want however while rebuilding my credit I'm  sitting about a 620 and I have close to 12k in savings that we have saved but from what I can tell that is not enough to obtain a home as I already have a primary resident.

If you are planning to invest in a year from now, that should give you sufficient time to rebuild you credit.

Should I be looking at policies that cover me for rebuilding the property in the event that is totally destroyed?  

If the burned out property is a Walmart and they're in the process of rebuilding then yes.