Help me analyze this deal [Potential Flip after Tornado]

[Matthew Reid]

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Hello Bigger Pockets team.  I am looking at a potential flip in Arkansas.  The kicker is that the neighborhood has been hit by a tornado. About 20% of the Neighborhood I would consider as "Total Loss"  then 30% sustained repairable damage to exterior of home. Immediately before the tornado hit the neighborhood the family had planned on selling the home.  They actually were going to close 3 days after the Tornado.  They had the home locked in at $220,000.

Does anyone out there have any experience with purchasing real estate following a natural disaster such as this?  How does it affect the property value in the Neighborhood?  How long does it take to stabilize a neighborhood such as this?  Thank you for the help.