I don't think it will take that much to rebuild the inside in case of loss.What about liability?

If it does, then all you need to do is re-build the dividing wall to return the 2 bedroom home back to the original 3 bedroom.

I have thought about trying to work with insurance people, but my understanding is most insurance companies rebuild it anyways?

I could not find the thread for some reason so i figured lets construct a new one.If you were to rebuild this country.

This gives you many benefits the most important being control what gets done in the revival, charisma for your business (you help rebuild the neighborhood people can feel warm and fuzzy about that when they buy a house) and tax advantages.

This is because to rebuild the house will cost $130K.

Also I know many towns like ortley beach, have not even begun to issue permits to rebuild as they are not sure what new building codes will allow, and they re considering making everyone build up a few feet off the ground to make properties insurable.

I can just insure for what it would take to pay off the loan (and a little more) provided I'm within their square footage limits.Basically, I was getting hit from State Farm to insure my rentals up to what it would actually cost to rebuild.

Thanks to you and other investors it does show a big part in regrowing/ rebuilding alot of the areas.

She is also an investor and the house is paid off, worth quite a bit after rebuild and in a historic neighborhood... she's no fool.