Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

We own our house in Seattle and are trying to determine the best strategy for our move - what approach would net us the most money over the next 1-3 years.

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

Mexico is already building tent cities to house them.

Increased housing inventory as new developments hit the market.2.

Even if you only averaged 2.8% appreciation annually, which if you've had it 20 years I have no clue how that's true given prices have well more than doubled in that time, youre skipping over the fact that you have been benefiting from that appreciation on the ENTIRE house, not just the % you paid for.  

There is also an ad on small "house" which is also being rented.

Affordable housing is about the housing itself and the economic environment it is created in.

Zoning Ordinance ExceptionsSome properties in the target zone don’t meet the minimum lot area or width size requirements under the zoning ordinance, yet houses exist on smaller-sized neighbor lots.How could these properties get approval for development?

Here in the USA you have to be licensed to build a structure that will house someone else.