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 called progressive just to see and it was $616 for the year for a property with a $140k rebuild cost and $1k deductible.I did not compare with anyone else.

Insurance could be based on the cost to rebuild(so it would be a totally new structure) vs. the value of the structure.  

Recently rents have skyrocketed due to all of the folks there to rebuild after the storms and the fact that all the hotel where damaged.  

Having to completely rebuild a 401k/IRA balance starting at age 40 isn't going to yield much of a retirement.Much better to save after tax income on top of a 401k as well. 

I can't imagine it being a huge deal, the county already ready shows deck in the original build and we will only be removing the old deck and rebuilding it with the same dimensions. 

And then that minus how much more it would be to scrape and rebuild (this is usually only worth it if you are building an apartment) versus rehabbing. 

You could quickly lose not only your investment, but also destroy your credit and make it very difficult to rebuild.

if at all (negative gearing is still popular here for mom & dad investors who get their advice from non-investor financial "experts")Christchurch is another animal, with the rebuild going on the market for rentals for contractors is red hot!

My ultimate goal has always been to buy and hold, but my wife and I just bought a house that will be a rental someday, so we are in the capital rebuilding stage.