Fire damaged property

[Pandu Chimata]

Greetings team!

I am the process of exploring an opportunity to flip a fire damaged property. Have never dealt with this kind of properties. I tried to get some elementary education on flipping such projects.

So far, my limited conversations, provided me the following information.

1. City Fire department will have the information of the property and will determine the restoration process - rebuild or restore

2. Fire department will inspect the property at various stages to ensure the property safe to live

3. Depends on the 1st step, need to work with the city for the appropriate permits 

Can you folks - please add/comment more on this. Appreciated the input.