When the HELOC is being paid off, is that line credit purposeful for anything else other than home upgrades?

There's an opportunity to upgrade the building (facade, common areas, convert first floor to a three bedroom from a two bedroom), which is why I included / attached two reports.

It is called a 203K loan.In simple terms, the 203k loan is a type of home improvement loan program insured through the FHA that works by allowing homebuyers the ability to finance the purchase and costs of upgrades through one single mortgage.  

This should get things moving as he can negotiate with the insurance company and after reading through the contractor's restoration contract I'm not to be personally billed for the work aside from my deductible, any depreciation I'm unable to recoup (still have to read through my insurance policy on this part) and any upgrades I'd like to make above and beyond the repairs (like vinyl plank flooring instead of carpet). 

During the next 12 months, I spent time off working on improvements and upgrades to the property.

During the next 12 months, I spent time off working on improvements and upgrades to the property.

During the next 12 months, I spent time off working on improvements and upgrades to the property.

During the next 12 months, my partner and I spent time off working on improvements and upgrades to the property.

I might suggest cabinet pulls and a slight upgrade on lighting to further distinguish your property for a few hundred dollars more.

Hey BP family, I have just recently upgraded to Pro and am kicking myself for all the great info I've been missing!!