The market is hot enough, that you probably won't have to provide a huge discount on your portfolio.An alternative is to vacate all of the units, and try to sell them to end-users (depending where they are in the lease cycle.)

And a "smart" decision also then depends on what your goals are.

For the cost of bath fitters for a little more money depending on the size of the bathroom you can do a total reno.

Well, actually I guess there is -- anywhere from about 30 minutes to about 30 hours, depending on the details of your trip...Likewise with rehabbing -- it should take you anywhere from about a day to about a year, depending on the details of your project...And much like flying, the goal is to get from point A to point B in as little time as possible, without crashing and burning...

Generally, insurance payouts reduce the basis in the property while the funds spent to make the repairs either increase the basis or might be able to be expensed all at once, depending on the nature of the repair/replacement and total funds spent per item.

Depending on what city you are moving to; $500k may still be within FNMA/FHMLC High balance loan limit.

Depends on what area and the details.

Depends on actual numbers you can produce.

Depending on the state, this means they must give you proper notices and publish proper notices of foreclosure and set a sale date to sell the property at auction to the highest and best bid at a date in the future that is no less then the law allows in that state. 

The house was built in the 1930's about the same timeline as the previous house I just rehabbed and rented (Pushed about 40K of equity depending on the appraisal, and only spent about 13K for the rehab) the ARV on the new triplex is about $230k with about $10-15k, all together worth of rehab work as each tenants leases come up, and I'm talking basic interior paint, some vinyl floors throughout except bathroom, and any nick-nacks throughout the units, not a full scale rehab as I did before.