In my experience the TNT insurance broker is suggesting about $200 per Sq foot in NJ to rebuild, resulting in 1300 a 1800 per typical 2 family in NNJ.

Has anyone had experience with getting a rebuild letter from Philadelphia?

I just finished a first remodel and got the 'design and rebuild it' bug.  

We spent about $20k developing a rebuild project that we are walking away from with the sale.

I'm looking for something I can potentially start on the side to generate a new income stream to rebuild savings, etc.  

Is it an investors opportunity both to capitalize and help rebuild?

I talked to the management company and got the insured value (only building is insured), but that is only about 30% of the total assessed value, because the building insurance just rebuilds to original shell.

I would suggest looking into Bloomfield as that town is next as far as growth and they have been rebuilding their downtown infrastructure for the last few years near the train station. 

@Chadwick Cadet  You're basically rebuilding it, but it's more challenging because you have a lot of work to do before you can start.  

I have also seen several people buy a house (40K) and work their tails off gutting and rebuilding the property putting another 60 to 70K (borrowed) in materials while recruiting friends and family for help only to see a 10K return in 1 year.