We plan to rebuild, but our neighbors are aging and do not wish to go through a rebuild.  

If we decide to refi in 3-5 years, though, we may time a couple of the leases to end at the same time and spend ~$6k to tear 2 rooms down and rebuild them.

Quote from @Lorraine Hadden: What are some strategies you have used to improve or rebuild credit? 

Selling off underperforming assets to pay down debt and rebuild your financial foundation might give you the breathing room to reset.

Looking to knock out all credit card debt early next year and rebuild the 6 month emergency fund.

There is absolutely going to be a good deal of money to be made in rebuilding from these storms, but this is the time to be as prudent as possible.

If you’re able to save another $20K within 6-12 months, waiting could open up more opportunities and give you more flexibility in your investment choices.If I were young, had $23K, and believed I could rebuild that savings account, I’d seriously consider making the jump.

Property is worth around 1.2 to rebuild. 

You also want to make sure you have Replacement Value so that if anything catastrophic happens you can rebuild.

Long story short, I had to file for Chapter 7 bankruptcy, and it took me seven years to rebuild my life and raise my credit score back to 750.