These days too many people have too little coverage in case of a rebuild so you do want to make sure you understand the true cost of a total loss.

I would look at it in terms of whether you can afford a worst case scenario where you're covering the deductible and have a credit line or cash to front the re-build cost and getting reimbursed from insurance afterwards.

And once you change to a new market, you throw all that out and have to rebuild it.I love expensive markets.  

. , and communities, families, and small businesses impacted by disasters will be unable to rebuild... it will not be good. 

I’m back now and looking for some guidance on an idea that caught my attention.An old high school friend of mine has been buying older houses, either renovating or tearing them down and rebuilding, depending on their condition.

I started looking in surrounding areas and found that the markets less established or still rebuilding had much higher cap rates.

Hurricanes wiped our my town in 2022 and we are in the middle of a 10-15 year rebuild period b/c we were one of the last old florida communities.

Of course, to complicate matters (and here starts my dilemma), I am also rebuilding on my primary residence.

The government has tried it with section 8 and rent control in some cities , we all know the end result .You would be better off starting a jobs program teaching the trades , educating them on finances and work ethic and then rebuilding abandoned properties for them to buy 

Even smaller repairs like painting and rebuilding decks, stairs and installing new garage doors require spending alot of money.