First figure out how long the fence -- that is a fence, right?

If you paid $54k cash and your insurance covers $94k in replacement value, you *should* be able to collect the $94k as well as the $8k in lost rental income and either rebuild or simply sell as is and let the Market figure out how much it is worth.

Whenever I google a question, it often sends me to BP, so I figured I'd join. 

Most owners are savvy enough not to let someone cherry-pick their best properties but I’ve never been able to put together an attractive offer (for a buyer) because for me it’s: “Hey, I’ll pay retail for the good stuff and whatever upside there is will be in the junk, and it’s gonna take me a while to figure out what to do what junk!”

If you took individual checks/payments from each tenant, then no you cant issue one check to tenant A alone.That's why I take one payment of deposit from one individual, note it on the lease etc and then issue the refund to that one person and let them figure it out after that on how they want to split the $$

Figure 15-20% of purchase for down payment and 10% for closing costs and funds to begin rehab.

i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers                                       MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment                                     MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal

Now that my job is gone, I have to figure out a new plan.  

On a refi, you need to get the appraisal ordered and back to figure out your options, especially if it's a cash out refinance. 

Im trying to figure out the cost of rehabbing a gutted house on a property I found that is being sold as "lot for sale."