I have always wanted to rebuild the area that has lost homes and has way too many distressed properties. 

We had to rebuild the soffit, fix the ceiling and walls, relocated plugs and switches, but we have built a team now and are not afraid of odder houses. 

Just went through a recent divorce and am looking to re-build.  

I don't think investors are interested in flipping homes that most likely people want to tear down and rebuild anyway.

However it sounds like the inside is a complete rebuild. 

The fastest way to repair credit is to use what's called Bank Round  RobinLet's say you got terrible credit you been bankrupt before and you want to repair your creditAs long as you have a good income and you can afford to do this step number one is to get $1000 together and bring it to let's say a big bank like Bank of AmericaGo see a consumer bank manager and tell them I ran into some serious trouble in a rebuilding my credit history I have $1000 that I like to put into a CD and borrow against for thousand dollars and pay it back as a consumer loan being reported to the credit bureauThe bank manager should have no problem using those security and they give you an approval usually quickly and they give you $1000.

Its always the same profile of seller ... purchased in around 2011 for well below rebuild, repositioned and trying to get top cap rate on proformas.

Is it possible to get a good deal and be able to rehab the house and get proper insurance or will i be forced to rebuild anything i get thats on the water??????? 

You mentioned "not rebuild".

ball park estimate. if comps run on a house at 250k in a neighbhorhood, and every other house is worth 250k as well. what does it cost to demolish and rebuild that same house?