Renovated after flooding Multifamily Property

[Karan Arora]

Hi All,

I am looking at a 11 unit property that was recently flooded after hurricane Harvey and was renovated after the flooding completely down to the studs. New Roof, new floor, new walls, everything, Would you suggest going ahead with the deal? Or should I leave it due to it being flooded before? It is still not under a flood zone per FEMA so flood insurance will not be required.

Any help is greatly appreciated. 

Thanks