Florence Flood Properties & Investing Climate

[Eli Frederick]

I am a wholesaler in Wilmington NC, and I have a few sellers interested in getting rid of their flooded property. Today I went to a property that will be gutted by volunteers but needs new electric. Its located on a long road where every house had been damaged by the storm. I can lock this one in for cheap. 

The house in Burgaw NC actually had a pending sell of 120k days before the storm and I can maybe get this one to a investor for 20-30k. But does that even matter right now? Is anyone investing in fix and flips in areas affected in NC specifically Wilmington and surrounding areas (Leland, Burgaw, Jacksonville) ?  Areas where the whole neighborhood was flooded?  My thinking is if I cant sell this property then I need to forget about the other 20 houses on this street. 

(admins: this post is not a pitch for a property just a general discussion )