Texas ongoing bad weather

[Hersh M.]

Floods, flash floods and tornado warnings in most parts of Texas seem to be all over the weather news currently. Looks like its all over including Dallas, Austin, Houston, San Antonio. Hopefully things get better from here. 

My question to experienced investors is do these events affect your criteria for selecting locations in any way for your future investments? Will there be revised flood maps? Any other things to look into in regards to such weather events?

Also do the insurance rates go up after this or such events are not so uncommon?

Thanks.