Ok maybe.You will still have to pay to demo the damaged property and that can run from $15k to $40k or more depending on where you live so you may not have much left of your initial investment to buy that next property.And if you financed it - the bank is going to take the majority of the insurance settlement to settle the loan and you will own free and clear a fire damaged house that the city will eventually start making demands for you to repair or demolish.This is why the majority of lenders require you to carry full replacement cost coverage.

Greetings,My name is Grant—I'm a Software Engineer, Programming Director, and Startup Advisor based in NYC. I found BP through a thread on reddit about real estate investing. I've been listening to BP podcasts and rea...

So you would go to the city's sheriff department.

Was told by boots on the ground that liens would be negotiated down with city, and after a month was told that liens had been reduced to $2000.

Regs by state have become almost meaningless so you need to drill down and find regs by city.

Does anybody know a reasonably priced probate lawyer in Oklahoma City area?

Such as road construction, city pipelines etc. 

Hello!My name is Kristopher Clark and I am new to REI.  My background is in sales and marketing, most recently at the door to door level.  Real Estate investing has always interested me and now I'm looking to network ...

Closer to the city?

Average rent for a 1 bedroom apartment in my city that isn't located in a high crime area (which most of the city is) ranges from $1500-2200 not including utilities.