The contractor should get the point as he sees this is elevating. 

It doesn't have a draw bridge but does have fortifies stone walls and sits on a hill over looking the city with one huge turret and the hill was made in 3 tiers with stone for each tier in 1890 it was moved from Scotland for 60k and it has an original elevator 22 rooms 8 fire places.

I understand the build out requirements - elevator and such- and have factored this into the equation.

The biggest issue was his 2 year old child had recently tested with elevated lead levels.

If this has been happening for years you've probably got a rotted sill, which is the where the wood sits on the concrete.The wood will wick up water above the water line, inside the wall and you'll get rot and mold in and on the walls.I'm going to guess that over the years, erosion from the hill has left the ground level behind the garage higher than the slab elevation, and you've probably got a negative grade, meaning the dirt from the hill slopes to the garage, not away from the garage.

It's an elevated park on the west side that was constructed on the old railway system, I heard it's pretty nice - just opened last year. http://www.thehighline.org/about/park-informationhttp://www.aviewoncities.com/nyc/nycattractions.htm

Should you still buy in tertiary markets that are less vulnerable to asset deflation with elevated interest rates?

Tom is correct, that the only way to get out of the flood plain area is to have what is called a "spot elevation report" done by a surveyor.

We pay taxes on out income in the U.S.A. at the elevated rate.

@Rebecca Six What is your opinion about Elevation?