In his example if you get the other end of the ARV ($500K) then we are talking and All-in max of $350K.  

@Jay Orlauski,I just met an investor at Jeff Pollack's meetup in San Jose last night that said he really enjoyed your Summit out in Fresno.

I'll share the basic details of my policy as well as the process we are being told to follow via insurance:$55k +/- fair market value of home$75k insured value classified as "replacement cost"$3k deductible with fire, water and smoke damage coverage$3k coverage on loss rents$39k principal balance left on mortgageWe submitted the claim online with the photos below.

@Curtis Bellenot I actually just moved from Savannah but we are trying our hardest to move back once I get done with recruiting.

Hope you enjoy.

We are happy that you have joined BP!

You have to evaluate if was normal wear and tear.  

Specifically we are looking at possibly buying a warehouse/retail building. 

Now that we are ready i have also been educating myself in real estate investing.

We are in the process of doing our due diligence to ensure the land is in a desirable location.