I know you have 10% on there, but if you can get the hard figures from the tax collector's office, it will help to make that determination. 

Ten years ago, this city was simply *blah*.  

I have been thinking about something similar to this, but from the other end:Are any investors out there (partially) funding a targeted campaign in exchange for 1) first option to buy and pay a pre-determined wholesale / assignment fee or 2) X% of net profit.

From another agents perspective, I am going to assume that policy A is an "actual cash value" (or ACV) policy, and policy B is a ''replacement cost'' policy.On both ACV and replacement policies, when valuing a claim, the adjustor is going to determine the actual cash value of the property first.

It gave me time to focus on simply finding a deal and making it happen. 

Where I'm really struggling is trying to determine the value of this property to know what is a fair price (I know every deal is a good deal at the right price :).  

If they don't like it, they can simply move out. 

They basically want me to find houses that make good investments to they can sell to their investors.I had actually thought about getting my license years ago with the intent to eventually have a property management company; but determined I am not really cut out to have to deal with clients/tenants all day. 

Extremely rural is harder to sell simply because fewer people live in extremely rural areas.One of the weaknesses you show with your questions is that you have no buyers.

@Seth Borman This is the primary estimating stage to determine if it's worth it to walk the property.