Would it consume cash you might need to invest later?  

Some carriers, with a claim of total loss, will have their own contractor that they negotiate costs to rebuild with, and even then, if you opted to use your own contractor, the cost to rebuild will be relative to the labor and materials.

If the bad/consumer debt is higher than about 2-3% interest, I would recommend paying that down first as inflation rates are generally at about 2%.

Also if you decide to go with your original version, I would recommend first asking actual consumers, not agents, what they think is best.

Also, do some of you opt to create a new LLC for each property or do you limit each LLC to a value range?

That depends on several factors like how common Section 8 is, their caseload, COVID, the economy, etc.I stopped accepting Section 8 because the paperwork is ridiculously time-consuming for me as a Landlord with little benefit and the process takes two months.

Of course I think many of them, but I don't think the average consumer is going to be happy with calling people who never stepped in the house.

We opted to try a different bank that did higher LTV.

The photos can and should show action, not just static pics, and as things are getting competitive again lazy listers will be punished and those of us who put in effort for consumer psychology will stand out. 

Since you are doing this hoping your tenants will stay, I would check in with them before opting in to such an expense.