Flood Damaged Properties

[Chris Carson]

In the aftermath of Hurricane Irma my partner and I have come across a bunch of flood damaged SFR and MFR properties at huge discounts. We buy and hold but are in a position to change course if it would make financial sense to do so. Many of the areas that flooded are very desirable however they have gotten really high water from storms for a few years running. That said, Irma was far and away the worst flooding our area has seen in generations. Lots of people are looking to get out which tells me that this might be the right time to push hard. Any of you cagey veterans made similar moves before?