We were fairly certain it would take 9-12 mo's to rebuild their house, and that's exactly how it played out.From the tenants' perspective, it turned sour b/c insurance stopped paying after 11 mo's even though their new house wasn't ready. 

Now, if one works from home but their job is in another city, how does this situation play out?

Ending a long day and I'll offer this totally for fun. 

If he sold, that is quite of bit of money to play with and your father could pay off his bills and be set up for retirement and maybe have some to leave over! 

Lubbock is a decent play and has moderate cashflow and appreciation.

Play close attention to the insurance policy as to what is covered after a potential occurrence, and replacement costs.

One play you could do is a cash out refi if it doesn't effect your debt service too much, and still cash in on additional appreciation in the CA market.

Every person who picks up the phone to call on a yellow letter or similar marketing play is motivated. 

@Nadir M.As you said, lots of talk, here's the main BP market crash conversation: https://www.biggerpockets.com/...Just discussed with my broker friend @Will Fraser, he expressed that perhaps holding onto some cash and waiting until BRRRRable properties are not selling 10% above their value would be wise, but if you like playing in the ball pit with all your friends, I get that!

I have seen this type of scenario play out many times over the years in my work as a Police Detective in the Economic Crimes Unit.