I know that many adjusters today work on settlement based on full gut and replacement of the involved area, not only the burn but the collateral damage caused by the smoke and the water. 

Actually, no need to run unless these are black/burned out.

We have been searching the internet until my eyes burn.

She burned the carpet all over with an iron and they had smashed holes in the sheetrock.

Imagine the place burns down and you never checked the smoke detectors - they could get all you have.

We got burned bad here in Phoenix in December when we bought a tri-plex for what seemed to be a great price.

Look for projects with fat margins that allow you to screw up a lot.  

I got so burned dealing with city and inspectors on a duplex that I had to take a break for a year to recover from it.

Best of luck & keep your entrepreneurial spirit burning.

I don't want to hit him with an eviction notice since I know he's actively trying to come up with the money, but I also don't want to get burned.