My 2013 was to find a new household in Washington (I had to move for my job ) that would eventually transtion to a rental; rent ou my old primary residence in Georgia, and rebuild my reserve / cash available that i used to put down a dopwn payment . 

"I'm rebuilding the transmission."  

For example, we have 1 flip where we will be adding a master bathroom, completely replacing the kitchen, opening up a couple of rooms, new hardwood floors, paint, rebuilding porches. 

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.

Probably easier to rebuild.

Build/rebuild reserves first?

Rebuilding from the inside/out What was the outcome?

The plan is to put a larger downpay to minimize cash outflow per month and hold it for 5-10 years for it to at least double the value so I can rebuild or sell to a builder.

We have insurance but the rebuild is taking quite a bit of our time. 

The purchase at 25% and closing costs uses up my disposable funds but I don’t need to tap into any retirement accounts, I also have enough to cover anything major if it occurs prior to rebuilding my investment funds (although hopefully it won’t come to that)