Due to our affordable housing stock and fair quantity of inventory we have seen long distance investors burned.

A hot pot can burn a table/countertop.  

He's put a lot of money into trying to fix up/recover (including rebuilding a home from scratch through insurance that burned down), but at this point it may be best to unload what he can to recover from a further downward spiral financially.

We got burned on one inspection a number of years ago and when I went to the corporate website to file a complaint, they had a button that said "Are you looking for a career change, become a home inspector, no experience necessary" . . . told me all I needed to know.

I was burned and hope you can do better.  

If the house burned down the mortgage would be paid off, I'd have my equity back (to reinvest), and I would own a lot outright that could be sold. 

I know it's an ignorant question, but it's been a burning one on my mind.Thanks!

Boiler System:How it works: heats water to produce steam for heating and hot waterWhat it does: provides heat and hot water for a household or buildingWhat can go wrong: malfunctioning components, leaks, pressure issuesAverage repair cost 2023: $500 - $3,000Furnace:How it works: burns fuel to heat air that's distributed through ductsWhat it does: provides heat for a household or buildingWhat can go wrong: malfunctioning components, dirty filters, pilot light issuesAverage repair cost 2023: $300 - $2,000Water Heater:How it works: heats water for use in sinks, showers, and appliancesWhat it does: provides hot water for a household or buildingWhat can go wrong: malfunctioning components, leaks, sediment buildupAverage repair cost 2023: $200 - $1,500Gas Meter:How it works: measures the amount of gas being used by a household or buildingWhat it does: helps accurately bill for gas usage and monitor usageWhat can go wrong: leaks, malfunctioning components, inaccurate readingsAverage repair cost 2023: $100 - $500Electric Meters:How it works: measures the amount of electricity being used by a household or buildingWhat it does: helps accurately bill for electricity usage and monitor usageWhat can go wrong: malfunctioning meters, faulty connections, inaccurate readingsAverage repair cost 2023: $100 - $500Plumbing:How it works: distributes clean water and removes wastewater and sewageWhat it does: provides access to clean water and maintains sanitationWhat can go wrong: leaks, clogs, low water pressure, faulty fixturesAverage repair cost 2023: $200 - $1,000Roof:How it works: provides protection from weather and elementsWhat it does: keeps a household or building dry and structurally soundWhat can go wrong: leaks, damage from weather or debris, aging materialsAverage repair cost 2023: $300 - $3,000

@Lee Burns that is a good question.

However he says that is what they say it would cost to re-build if it burns down.